ConocoPhillips Acquires 42% Stake in BP's Kirkuk Oil Venture

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk (BP ECKL), joining the redevelopment of major oilfields in northern Iraq. The deal aligns with ConocoPhillips' disciplined investment strategy and offers access to significant long-life resources.

By Shree Mishra Mon, July 20, 2026 at 12:11 PM GMT+3 2 min read · Yahoo Finance · July 20, 2026, 09:11 UTC

ConocoPhillips Acquires 42% Stake in BP's Kirkuk Oil Venture

Tickers: $COP

Topics: Iraqi oilfields Kirkuk redevelopment oil and gas

Read the full article at Yahoo Finance

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