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. Last Updated: 07/27/2016

TNK-BP Interest in Iraq Oil Fields

TNK-BP said Monday that it was seeking oil and gas production projects in Iraq as the country prepares for the second round of international bidding.

The company will work with the Iraqi Oil Ministry on possible projects, TNK-BP said in an e-mailed statement. Rosneft and LUKoil have said they are interested in rights to develop Iraqi fields.

TNK-BP does not yet have operations in Iraq or its semi-autonomous northern region of Kurdistan, the statement said. Spokeswoman Marina Dracheva declined to comment on which projects may interest the company.    

(Bloomberg)