Iraqi Genel Acquires Chevron’s Stakes in Kurdistan blocks
Iraq’s Genel announced it is acquiring Chevron’s stakes in Sarta and Qara Dagh blocks after getting an approval from the Kurdistan Regional Government.
Iraq’s Genel announced it is acquiring Chevron’s stakes in Sarta and Qara Dagh blocks after getting an approval from the Kurdistan Regional Government.
The Iraqi-focused, Genel Energy, agreed with Chevron to acquire stakes in Kurdistan’s Sarta and Qara Dagh blocks.
Chevron and France's Axens have shown interest in a project for the Alexandria Mineral Oils Company (AMOC) and will submit financial and technical offers by the end of December 2018.
Iraq’s Basra Oil Company and Dhi-Qar Oil Company have signed a memorandum of understanding with Chevron for studies and seismic surveys on oil activities in the country.
Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.
Chevron Corporation, the US Oil Company, has restarted its drilling operations in the Kurdistan region of Iraq (KRI).
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield.