Genel Energy says Tawke, Taq Taq are Safe

By John Lee.

Following recent events in the vicinity of the Kurdistan Region of Iraq ('KRI'), Genel Energy plc has confirmed that the Taq Taq and Tawke fields remain safe and secure.

The company says that operations there are unaffected, with combined gross production from both fields averaging c.230,000 bopd this week.

It says it remains confident in the Kurdistan Regional Government's ability to maintain the territorial integrity of both the KRI and oil infrastructure, but adds:

"In line with moves by other operators, we are taking the prudent and precautionary step of withdrawing non-essential personnel from our non-producing assets in the region."

(Source: Genel Energy)

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