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BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. " It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.
"For new assets, we will seek both to increase that footprint in Oman, and also acquire assets in other preferred jurisdictions that we have identified as attractive to Genel, with a focus on adding production assets that increase the cash generation and resilience of the business, and provide potential for further growth. "In EBITDAX1 1.1
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