Chevron suspends Kurdistan activity

Kurdistan Region of Iraq

ERBIL, October 20, 2017 – Chevron said on Thursday it had temporarily suspended operations in the Kurdistan Region of Iraq.

A company spokesperson said the US major was in contact with the Kurdistan Regional Government and aimed to resume activity as soon as possible.

In September 2017, sources told Reuters the company had drilled its first well in the Kurdistan Region since H2 2015. The well was drilled in the Sarta block, where the company holds an 80% interest. A company spokesperson confirmed activity was continuing in the Kurdistan Region at the time.

Chevron has been working in Iraq for more than a decade. In 2012, the US major acquired 80% operating interests in two PSCs in the Rovi and Sarta blocks of the Kurdistan Region.

Meanwhile, Genel Energy said on Wednesday that its operations at the Kurdistan Region’s largest oil assets, the Taq Taq and Tawke fields, were continuing undisrupted.

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