Search results for "kurdistan"

Aberdeen-based businesses to meet with a trade delegation from Kurdistan region

Posted by Julien Massé – Aberdeen Chamber of Commerce I am currently collecting interest for Aberdeen-based businesses to meet up with a trade delegation coming this month from the Kurdistan region. I know you have a particular interest in the region and thought you could be interested. The event will take place in Edinburgh on […]

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Sterling Energy Slumps on Kurdistan Update

Shares in Sterling Energy (AIM: SEY) lost nearly a third of their value on Monday morning following an update on the company’s operations in Iraqi Kurdistan. The British company has a 53.33% working interest in the Sangaw North block. A flow test has been completed across the open hole section of the Sangaw North-1 well […]

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Debate Continues on Legality of Kurdistan’s Petroleum Contracts

By Thomas W. Donovan, Managing Partner at Iraq Law Alliance, PLLC. Introduction Several recent events have prompted a return to the lingering debate over the legality of the production sharing contracts entered into by and between the semi-autonomous Kurdistan Regional Government (KRG) and around 35 private international companies over the past few years. The KRG, […]

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DNO Updates on Kurdistan Operations

Norwegian oil producer DNO issued a report today (Monday) on the status on its activities in Kurdistan Region of Iraq. Summail-1 exploration well update The Summail-1 exploration well was spudded on 19 April 2011. The well has now been drilled ca. 25 meters into the Cretaceous interval and hydrocarbon shows were detected while drilling. An […]

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Austria’s OMV Strikes Oil in Iraqi Kurdistan

Just days after WesternZagros struck oil at Sarqala, Austria’s OMV announces that it too has struck oil at its Bina Bawi block in the Kurdistan Region of Iraq. OMV is currently drilling an exploration well (Bina Bawi 3) and encountered hydrocarbons in one of the primary reservoir targets. The well is still being drilled and […]

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Loans up to $83,000 for Kurdistan’s Farmers

The KRG’s Ministry of Agriculture has said that any farmer can get an agricultural loan of up to 100 million Iraqi dinars [$83,000] from the Government. The agriculture minister said that the Kurdistan Regional Government has allocated 100 billion Iraqi dinars from the budget for the current year, in order to enable farmers to borrow […]

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