Genel Energy Looks to Increase Kurdistan Oil Output

• Tuesday, 7th August 2018
• by Editorial Team

Genel Energy is likely to significantly increase oil production guidance for Kurdistan in 2019, chief financial officer Esa Ikaheimonen stated, according to The National. The increased output is expected to come from ...

DNO Discovered Oil at Peshkabir in Kurdistan

• Wednesday, 11th January 2017
• by Egypt Oil & Gas

Norwegian oil and gas operator DNO has discovered oil in Peshkabir-2 well’s Cretaceous horizon in the Peshkabir field, currently being drilling in the Kurdistan Region of Iraq, Oil Review Middle East reported. In a st...

Kurdistan Fields Produced Less Oil

• Thursday, 27th October 2016
• by Egypt Oil & Gas

The Anglo-Turkish oil company, Genel Energy, mentioned that it expects a decline in production at its Kurdish oil fields. The company recorded a net production averaged 53,100b/d in the third quarter of 2016, with 8% ...

Genel Optimistic over Prospects despite Revenue Decline

• Sunday, 24th January 2016
• by Egypt Oil & Gas

Genel Energy, a major oil investor in the Kurdish region in Iraq, said that it was optimistic about its economic prospects for 2016 in spite of the decline in oil prices and the security situation in Iraq, reported Re...

Results Inconclusive on Morocco Offshore Oil Discovery

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Genel Energy says the SM-1 exploration well on the Sidi Moussa permit offshore Morocco is being P&A’d after encountering oil in fractured and brecciated cavernous Upper Jurassic carbonates. The well was drilled to...

Genel adds to Kurdish portfolio

• Tuesday, 15th May 2012
• by Egypt Oil & Gas

London-listed Genel Energy is set to gain a 23% stake in the in the Bina Bawi exploration licence in the Kurdistan region of Iraq. Genel will acquire the stake by purchasing all of the share capital of Petoil subsidia...