Kurdistan Regional Government pays out
The Kurdistan Regional Government (KRG) has paid out for the Shaikan crude oil export sales in September.
KRG
Gulf Keystone banks latest $6million for Shaikan exports
Gulf Keystone Petroleum said its has received the latest gross payment of $6million from the Kurdistan Regional Government for Shaikan crude oil exports in April 2016.
Gulf Keystone and Genel get Kurdish oil cash
Gulf Keystone Petroleum has received $15 million payment from the Kurdistan Regional Government in Iraq for Shaikan crude oil exports in March.
US judge dismisses lawsuit over disputed cargo of crude oil
A US judge has dismissed a lawsuit over a disputed cargo of Iraqi Kurdish crude oil which showed up last year off the shore of Texas. The incident prompted months of legal wrangling as Iraq sought to block the Kurdistan Regional Government (KRG) from directly exporting oil. The case has now been dismissed by US District Court Judge Gray Miller because the vessel which carried the crude had sailed away after the US buyer had balked at taking delivery because of the legal fight.
Oil Search abandons Taza appraisal well in KRG
Oil Search has completed a drilling update on two of its wells in Papua New Guinea and the Kurdistan Region of Iraq (KRG). The company said the Taza 3 ST1 oil appraisal well in KRG has been plugged and abandoned with the rig being demobilised. The forward plan is to evaluate the results of the drilling, together with the recently proposed seismic, prior to making further drilling decisions.