Kurdistan | Egypt Oil & Gas - Part 4
Genel Still Awaiting More of Owned Money from Iraq Kurds
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG). Genel...
Gulf Keystone Financial Position Improves, Expands Kurd Crude Export Plans
Gulf Keystone Petroleum Ltd said it had received further payments on recent contracts, helping prop up its cash position, and continued to progress towards a regular payment cycle for the oil it produces. Shares in th...
Dana Gas to Overview Egypt Operations on June 24 Meeting
Sharjah-based gas company Dana Gas announced Sunday it will discuss collection of receivables in Egypt and Kurdistan in the next board of directors’ meeting on 24 June. In a statement to the Abu Dhabi Securities Excha...
Turkey Sees No Need to Expand Kurdish Oil Prospects
Turkey does not envisage a new pipeline being built for Kurdish oil from Iraq until an existing pipeline between Kirkuk the Turkish Mediterranean port of Ceyhan is working at capacity, Energy Minister Taner Yildiz sai...
Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan
In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess an...
Gazprom Conducting Seismic Surveys in North Iraq
Gazprom Neft Middle East, the operator of Gazprom Neft’s projects in Iraqi Kurdistan, is to conduct a 2D seismic survey on the south-eastern section of the Halabja block. The technical equipment and personnel required...
Iraq: February Witnessed Rise in Oil Exports
Iraq’s oil exports rose in February to an average 2.597 million b/d from 2.535 million b/d in the previous month, the oil ministry said in a statement. Exports from Iraq’s southern terminals reached 2.293 ...
Iraq Government and Autonomous Kurd Oil Export Standoff
A deal aimed at resolving a dispute between Baghdad and Kurdish regional authorities over crude oil exports looked fragile with the semi-autonomous region’s Prime Minister threatening to withhold exports. Both s...
