British company BP describes Kirkuk oil fields as “dream fields.”
British energy company BP described the Kirkuk oil field, along with three other global fields, as its “dream fields” on Tuesday, citing their massive reserves that will fuel the company’s growth.
The company said in a statement seen by Shafaq News Agency that the vast underground reservoirs, which contain hundreds of millions, even billions, of barrels of oil and gas, are more than just huge numbers on a spreadsheet of these fields.
She added that the Kirkuk fields, once among the world’s most productive areas, hold enormous potential, with shared resource opportunities estimated at up to 20 billion barrels of oil equivalent.
“BP has a long history in that area with regard to Kirkuk, and there is trust that has built up over decades, and that is one of the reasons why we are inviting them to return,” said Mohammed Hussein, BP’s vice president for subsoil in the Middle East.
He added that the field represents a lifeline for the community and symbolizes BP’s strong relationship with Iraq and our commitment to supporting countries in achieving their energy goals, adding: We are very proud to be participating again.
Hussein pointed out that other dream oil fields include Azerbaijan’s ACG field, the giant Mad Dog field in the Gulf of Mexico, and India’s Mumbai field.
In March 2025, the Ministry of Oil signed a contract with the British company BP regarding the development and production project of the four oil fields in Kirkuk, namely: (Kirkuk with its two domes (Baba and Avana), Bai Hassan, Jambur, and Khabbaz).
Shafaq.com