Genel Energy Receives $8.5 MM from Kurdistan
Genel Energy, listed on the London Stock Exchange (LSE), has announced the receiving of payment from the Kurdistan Regional Government (KRG) for May’s oil sales.
Genel Energy | Egypt Oil & Gas
Genel Energy Completes 5 Development Wells in Iraq
Genel Energy plc (Genel) announces the completion of five development wells at Tawke PSC in the licence during the quarter, three drilling rigs were released, but the Company-operated workover rig continues to ser ...
Genel Energy Continues Negotiation Over Bina Bawi
Genel Energy plc negotiates further with the Kurdistan Regional Government (KRG) over the Iraqi oil field Bina Bawi.
Genel Energy Boosts Production in 2019
Genel Energy, the Iraq-Kurdistan focused energy producer, has succeeded in boosting its production rates in 2019 despite the decline in its revenues because of payment delays from the Kurdistan Regional Government ...
Iraqi Genel Contracts Parker’s Drilling for QD-2 Well
Genel Energy has inked an agreement to contract Parker’s Drilling rig for the QD-2 well.
Genel Completes Testing Taq Taq Field
The well testing resulted in a successful oil flow and has an initial production capacity of around 2,000 barrels of oil per day (b/d), which is expected to increase in the future.
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.
Iraqi Genel to Acquire Stakes in Chevron-Operated Kurdistan Blocks
The Iraqi-focused, Genel Energy, agreed with Chevron to acquire stakes in Kurdistan’s Sarta and Qara Dagh blocks.
Iraqi Genel Energy to Boost Production in 2019
The Iraqi-focused producer Genel Energy plans to increase production in 2019 through the exploration of three more wells in Kurdistan’s Taq Taq field.
Genel Energy Looks to Increase Kurdistan Oil Output
Genel Energy is likely to significantly increase oil production guidance for Kurdistan in 2019, chief financial officer Esa Ikaheimonen stated.
