Tag Archives | Hess

Petroceltic Announces Interim Results and Operational Update

By John Lee. Petroceltic International, the independent oil & gas exploration company with interests in Iraqi Kurdistan, has announced its results for the period ended 30 June 2012. Highlights: Proposed Merger of Petroceltic & Melrose Resources plc ('Melrose') announced 17 August.  Declaration of Commerciality announced 9 August for the Ain Tsila Field in Algeria.  Final […]

Baghdad Can Not Prevent Exxon-KRG Deal

Iraq’s legislation doesn’t prevent oil companies from signing deals with the central government in Baghdad and with the KRG, as ExxonMobil has done, said Adnan al-Janabi, chairman of Iraq’s Oil and Energy Committee. Speaking on the sidelines of an oil conference in London, he added, "there are no blacklists in parliament". “With or without the […]

Petroceltic and Hess to Explore in Kurdistan

Petroceltic International, the Irish-based AIM and ESM listed oil and gas exploration and production company focused on North Africa, the Middle East and the Mediterranean, has announced that, in partnership with Hess Middle East New Ventures, a subsidiary of Hess Corporation, it has executed two Production Sharing Contracts ("PSCs") with the Kurdistan Regional Government of […]