NewzOn Saturday, September 12, 2026, the state-owned North Oil Company (NOC) and China’s KEPT signed a comprehensive 25-year contract to develop and operate the Ajil oil and gas field in Iraq. The official signing ceremony in Baghdad was overseen by Iraqi Prime Minister Ali Faleh Al-Zaidi.
The long-term agreement represents a major energy partnership between Iraq and China, focusing on the comprehensive development of the Ajil field's oil and gas resources under the oversight of the Iraqi government.
In-depth summary · AI, neutral