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.

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.

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