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IBN: Video: Kurdistan – What and When to Buy http:…

IBN: Video: Kurdistan – What and When to Buy http://t.co/69SGZ7Em

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DNO, Genel, Update on Kurdistan Operations

DNO, Genel, Update on Kurdistan Operations

DNO International ASA, the Norwegian oil and gas company, announced today that it has completed drilling of the Peshkabir-1 exploration well in the Kurdistan Region of Iraq and is preparing to test observed oil shows across three potentially producing intervals.

Full and sidewall cores suggest a continuous hydrodynamic column within the Cretaceous interval and the additional shows in the Jurassic and Triassic intervals are the first encountered by the Company at lower depths in the Tawke license.

The Peshkabir-1 well was designed to probe a large undrilled feature west of the currently producing Tawke field. It reached total depth of 4,092 metres, the deepest well yet for the Company in Iraq. The well was spudded in September 2011. Wireline logging and coring operations are underway and will be followed by a minimum of five planned flow tests, two in the Triassic, one in the Jurassic and two in the Cretaceous.

In providing further updates on drilling and other operations across its portfolio, the Company announced that the Tawke-15 well, drilled and completed in the Cretaceous in 2011 but previously shut in due to low productivity, has now tested 7,000 barrels of oil per day following a just-completed workover operation. The well has been connected to the existing pipeline and processing facilities, further boosting Tawke field deliverability.

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IBN: DNO, Genel, Update on Kurdistan Operations ht…

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UK Minister Visits Kurdistan Region

UK Minister Visits Kurdistan Region

Last week (4-5 April) The Rt Hon David Willetts MP – UK Minister for Universities and Science – visited Erbil in the Kurdistan Region of Iraq and brought with him a delegation of 12 senior representatives from UK Higher and Further Education. The delegation included three University Vice Chancellors and the Chief Executive of the Association of Colleges.

The Minister arrived on the eve of a government transition and met with both outgoing and incoming KRG Ministers of Higher Education – Dr Dlawar Ala’Aldeen and Dr Ali Saeed. He also met with a dozen incoming/outgoing Ministers at a reception held on 4th April in the presence of some 140 guests from the public and private sector.

The Ministerial visit coincided with a UK Education Tour to Erbil which saw a further 12 UK Universities in the Kurdistan Region, giving a total of more than 20 UK universities and colleges represented in the city. This offered a unique opportunity for Kurdish students and university officials alike to develop contacts and build for the future.

On the first day Minister Willets and the Minsters of Higher Education – Dr Dlawar Ala’Aldeen and Dr Ali Saeed – held a Knowledge Exchange Seminar with UK and Kurdish Universities, with over 70 delegates attending. Themes that emerged were a range of possibilities for collaboration between UK and KR universities: the need for high quality English language provision in the KR; supporting KR universities in provision of accreditation, external degrees and quality assurance; opportunities for UK universities to establish campuses in KR; and student and academic exchanges.

Chris Bowers, the British Consul General in Erbil said:

So far, some one thousand six hundred students have left Kurdistan Region to study in the UK in the past year or so – a bright future awaits them. For much of its recent history the Kurdistan Region was isolated and cut off from the international academic community. That is a thing of the past. Over the last year, there has been a real flowering of international academic exchanges with the UK. We are proud that so many Kurdish students have chosen to study in the UK. We think they have made a great decision – UK is a world leader in higher education and a great place to live and work.

Minister Willetts ended his trip with a photo opportunity with Ms Talar Faiq (Director of the Erbil International Airport) and spoke about the successful business collaboration between UK (Scott Wilson) and Turkish (Mykol) companies in designing (UK) and constructing (Turkey) the new Airport building which was officially opened in April 2011.

(Source: Foreign and Commonwealth Office)

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IBN: UK Minister Visits Kurdistan Region http://t….

IBN: UK Minister Visits Kurdistan Region http://t.co/nNBQ2OmE

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Kurdistan Parliament Approves New KRG Cabinet

Kurdistan Parliament Approves New KRG Cabinet

The Kurdistan Parliament approved the new Kurdistan Regional Government cabinet on Thursday. Incoming Prime Minister Nechirvan Barzani (pictured) and his ministers were sworn in to begin their two-year term.

While many of the ministers remain in their previous positions, nine new ministers were sworn into the 7th cabinet.

Announcing the agenda of the new cabinet, Prime Minister Barzani said that Kurdistan needs a collective effort to maintain progress and promote national unity, in spite of individual political and ideological differences. “We must begin a national dialogue to build a consensus on how we can improve our society,” he said.

“We also must have a united front in our negotiations with Baghdad, and at present the mechanism does not exist to create this united view. We must move ahead quickly with the formation of a High Council for Negotiations to oversee these discussions. All parties – government and opposition – must participate in this Council so that we can develop a meaningful consensus among ourselves on how to approach these difficult issues,” he added.

The new Prime Minister went on to describe plans to increase government transparency and to implement a policy to help separate the functions of political parties from the operations of the government as a whole, as well as initiatives to deliver better services to the people of Kurdistan and make better provision for the disadvantaged and poor.

The new cabinet was approved in keeping with the legal timeframe set by President Masoud Barzani’s call to form the new cabinet, on March 7. The members of the 7th Cabinet sworn into posts are:

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IBN: Kurdistan Parliament Approves New KRG Cabinet…

IBN: Kurdistan Parliament Approves New KRG Cabinet http://t.co/2LD9O6qw

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Shahristani Accuses Kurdistan of Oil Smuggling

Shahristani Accuses Kurdistan of Oil Smuggling

The ongoing dispute between Iraq’s central government in Baghdad and the Kurdistan Regional Government (KRG) reached new heights on Monday as Iraq’s Deputy Prime Minister for Energy, Hussain al-Shahristani (pictured), accused the northern region of smuggling rather than meeting its export obligations.

According to Reuters, Shahristani told reporters:

Most of the crude produced in the region is being smuggled through borders and mainly to Iran … We have discussed with Iran and Turkey about controlling joint borders to stop smuggling crude.

The KRG decided on Sunday to halt oil exports from the region, which had previously been running at around 100,000 bpd, accusing the central government in Baghdad of failing to make payments to companies working in Kurdistan.

Oil exports will not start again unless there is an agreement on the payment policy,” Kurdish Energy Minister Ashti Hawrami told Reuters on Monday.

(Sources: Reuters, Wall Street Journal)

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