bp has signed a memorandum of understanding (MoU) with the Government of the Republic of Iraq to negotiate a material integrated redevelopment programme for the Kirkuk region, spanning oil and gas investment, power generation and solar, together with wider exploration activities. “This MoU builds on bp’s strategic and longstanding relationship with Iraq. We see today’s signing as an important step towards the potential further development of this critically important area. Hayan Abdul Ghani, Deputy PM for Energy Affairs and Minister of Oil, and bp chief executive Murray Auchincloss, together with Nader Zaki, bp regional president for Middle East and North Africa, and Zaid Elyaseri, bp President Iraq. As part of today’s MoU, bp also proposes to explore opportunities for investment into power generation and the introduction of solar power facilities to the region.
