Oil Firms Ask U.S to Defuse Iraq-Kurdistan Tensions
Oil companies operating in Kurdistan have requested the US to help ease rising tensions between the central government of Iraq and the semi-autonomous province of Iraqi Kurdistan.
Kurdistan | Egypt Oil & Gas
Iraq Asks KRG to Cut Production by 120,000 bbl/d
Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d).
Iraq Requests BP to Cut Production by 10%
Iraq has requested that supermajor BP cut its crude production by 10% at the southern field of Rumaila as Iraq ramps up efforts to comply with OPEC+ cuts.
Kurdistan to be Included in Iraq’s Oil Production Cuts
Iraq’s oil minister, Thamer al-Ghadhban, announced that the Kurdistan region is included in the 1 million barrels per day (mmbbl/d) cut of oil production.
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 ...
Iraq Achieves Hydrocarbons Discovery
The Baeshiqa-2 exploration well in Iraq’s Kurdistan region has achieved a hydrocarbons discovery.
Dana Gas Confirms Hiring Financial Advisors to Sell Egyptian Assets
Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly.
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 Forms Committee to Discuss Resumption of Kirkut Oil Exports
A newly-formed committee of experts are due to visit the Iraqi parliament to address the resumption of oil exports from Kirkuk through the Kurdistan region.
Dana Gas Receives $74M Condensates Payment from KRG
Dana Gas has received a payment of $74 million from the Kurdistan Regional Government (KRG) for its share of condensate sales from the region in the first eight months of the year.
