Gulf Keystone Petroleum (GKP) has announced the appointment of Jon Harris as Chief Executive Officer (CEO). Mr Harris has over 30 years’ experience in the oil and gas industry and joins GKP from SASOL Limited, an integrated energy and chemicals company based in South Africa where he was Executive Vice President, Upstream. Prior to this,…
DetailsShaMaran Petroleum has announced that the January 2021 interest payment due on its 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) has been timely made to all Bondholders. In addition, ShaMaran said the Atrush field total cumulative crude oil production has exceeded 40 million barrels. The Atrush field is located 85 km northwest of…
DetailsIraq’s nationwide monthly exports increased by more than 5 percent in December, to 3.304 million barrels per day (bpd), ending a year that saw annual oil exports and revenues drop to multi-year lows. Federal Iraq’s oil exports averaged 2.997 million bpd in 2020* – a 15 percent annual drop due to the OPEC-plus agreement. Annual…
DetailsWashington’s foreign relations in the Middle East are often characterized by ebb and flow, tracking the region’s dynamic politics. But when it comes to Iraq, this ebb and flow is especially turbulent. Events surrounding the assassination of Iranian Gen. Qassem Soleimani, the head of the Islamic Revolutionary Guard Corps Quds Force, at the beginning of…
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