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30% Gas Production Increase at Khor Mor Field

Dana Gas and Crescent Petroleum Announce 30% Gas Production Increase in Kurdistan Region Dana Gas, the Middle East’s leading publicly-listed regional natural gas company, and its partner Crescent Petroleum, have announced achievement of a 30% increase in production capacity at the Khor Mor field in the Kurdistan Region of Iraq, which the companies jointly operate… Read More

ShaMaran acquires Larger Stake in Atrush

ShaMaran Petroleum Corporation refers to the agreement announced on June 4, 2018 whereby the Company’s wholly owned subsidiary, General Exploration Partners, Inc. (“GEP”), agreed in a sale and purchase agreement (the “SPA”) with Marathon Oil KDV B.V. (“MOKDV”) ,a wholly owned subsidiary of Marathon Oil Corporation (“Marathon”), to acquire from MOKDV a further 15% working… Read More

Kirkuk oil pipeline deal a ‘positive gesture’ for Erbil-Baghdad relations: PM Barzani

ERBIL, Kurdistan Region – Resuming the export of Kirkuk’s oil to the Turkish port of Ceyhan via the Kurdistan Region’s pipeline is a “positive gesture” that will help resolve the constitutional dispute between Erbil and Baghdad, KRG Prime Minister Nechirvan Barzani said Monday. “Now that a new government is in place in Baghdad, we hope… Read More

Kirkuk oil deal could strengthen Kurdish hand in Iraq budget talks: MP

ERBIL, Kurdistan Region – Iraq’s resumption of Kirkuk oil exports via a pipeline partly managed by the Kurdistan Regional Government (KRG) could strengthen Erbil’s hand in negotiations with Baghdad to take a bigger share of the federal budget, according to a Kurdish MP in the Iraqi parliament. The exportation of Kirkuk oil through the Kurdistan… Read More

Iraq: Baghdad and Kurds strike deal to resume Kirkuk oil exports

Iraq says it has reached an initial agreement with Kurdish authorities to restart exports from the oilfields of Kirkuk, one year after flows were halted due to a standoff between the central government in Baghdad and Kurdistan’s semi-autonomous region. Asim Jihad, spokesperson for Iraq’s oil ministry, said on Friday the country’s new Prime Minister Adel… Read More