Gulf Keystone has just put a new corporate video on its website. The film is very professional and gives an excellent overview of the company and its operations in Iraqi Kurdistan. Please click here to view the film.
New Gulf Keystone Corporate Film
Tag Archives | Kurdistan News
The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Tags: Gulf Keystone, Kurdistan News
DNO Starts Export Production Tests, 10k bpd from Tawke
DNO can confirm that export production tests at the Tawke oil field in the Kurdistan Region of Iraq commenced on 2 February. At present, the tested volumes are around 10,000 bopd. The technical tests are being conducted in close coordination with the Kurdistan Regional Government and the Northern Oil Company to ensure a responsible and […]
Kurdish Govt to Hire 25,000 in 2011
Barham Salih, Prime Minister of Iraqi Kurdistan, said on Wednesday that the Region can employ an additional 25,000 people in 2011. The declaration came at the sidelines of the International Symposium for Kurdistan Health System Reform, currently underway in Erbil, according to the report from AKnews. The ministries of education and interior have priority for […]
Iraq's Petroleum Sector Following Establishment of New Unity Government
By Thomas W. Donovan, Managing Partner at Iraq Law Alliance, PLLC. Introduction On December 20 2010 a new unity government was announced, whereby former Prime Minister Nouri Al Maliki maintained his position and Iyad Allawi, who won the most seats in the March 2010 election, joined in a special power-sharing deal. Unsurprisingly, the upstream petroleum […]
KRG Signs MoU with Veneto Region of Italy
The Kurdistan Regional Government (KRG) signed a broad agreement with the Veneto region of Italy in Venice to strengthen political, economic, and cultural ties. The Memorandum of Understanding (MOU) was signed on behalf of Kurdistan Region’s President Masoud Barzani by his Chief of Staff Dr Fuad Hussein, and by the President of Veneto Region Luca […]
Weekly Security Update for 2nd February 2011
Overview Last week saw considerable violence in Iraq, particularly in Baghdad. There was also a spate of attacks in Mosul and two especially bloody bombings in Karbala. Over 100 fatalities and up to 250 injuries were recorded in total around the country. There was also an increase in targeted shootings in the capital, resuming a […]
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Oil Exports From Kurdistan Delayed
Iraqi Kurdistan has not yet started exporting crude oil, despite a reported agreement that exports would resume from 1st February, Iraqi oil ministry sources said on Tuesday. Two top oil ministry officials, speaking on condition of anonymity, told Platts that there had been no additional oil supplied from two producing fields in the Kurdish region […]
Dana Gas Posts 80% Rise in Profits in 2010
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2010. Revenue from the sale of hydrocarbons increased to AED 1,785 million, with gross profit reaching AED 781 million. These figures represent increases of 40% and 79% respectively, compared to […]
Heritage Oil Updates Corporate Presentation
Heritage Oil (LSE: HOIL), whose shares fell heavily on Wednesday following its descovery of a major gas field in Kurdistan, has updated it's corporate presentation. Please click here to download the full document.
Tags: Heritage Oil, Kurdistan News
Sterling Energy Jumps on Kurdistan Update
Shares in Sterling Energy (LSE: SEY) rose 11% on Thursday after it stated it is ready to sidetrack and re-drill its Sangaw North-1 well in Kurdistan after recovering further 280 metres of drill pipe from the well after it ran into trouble in November. Interactive Investor quotes Keith Morris, analyst at Evo Securities, as saying: […]
DNO Clarifies Position on Oil Exports from Kurdistan
Norwegian oil company DNO has issued a statement clarifying its position on exports from Kurdistan: In a Stock Exchange Notice released on 24 January 2011 DNO made reference to a press released published by the KRG on 22 January 2011, where amongst other things it was reported that the central government in Baghdad and the […]
6,000 New Teachers Needed in Kurdistan
The Kurdistan Region’s minister of education has requested an additional 6,000 teachers and staff in 2011, almost twice the number recruited in 2010. Speaking to AKnews, Safin Dizayee said the demand has been directed to the Kurdistan Council of Ministers to fill the gap in teaching staff and administration posts of new and existing schools. […]