Iraq and China have signed a deal concerning the expansion of the Tuba oilfield.

Iraq and China’s Geo-Jade have signed a to expand the Tuba oilfield. Geo-Jade plans to invest over $800 million in the region. The deal is expected to increase production by 100,000 barrels per day.

Read more:

https://www.reuters.com/business/energy/iraq-chinas-geo-jade-sign-deal-tuba-oilfield-expansion-2025-05-23/