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L'Iraq Petroleum Company èra una companhiá fondada en 1927 per remplaçar la Turkish Petroleum Company e per esplechar lei jaciments de petròli d'Iraq. Èra tengut per lei companhiás petrolieras dei principalei poissanças occidentalas (Shell a 23,75%, British Petroleum a 23,75%, NEDEC a 23,75%, Compagnie française des pétroles a 23,75%) e per lo miliardari Calouste Gulbenkian (5%). Foguèt nacionalizada en 1971.
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