DNO said on Tuesday that it had received USD 39.5 million for July’s sales from the Tawke field, while Genel announced on Wednesday the receipt of USD 10.39 million for Taq Taq crude sales in the same period.
The two fields are the largest producing assets in the Kurdistan Region.
The Taq Taq field averaged 14,873 bopd in July output, Genel noted. Crude from the field is destined for exports and deliveries to the Kurdistan Region’s Bazian refinery. Taq Taq is operated by a joint venture of Genel and Sinopec subsidiary Addax.
The Tawke field is operated by DNO with a 75% interest, while Genel holds the remaining 25%. The KRG settled long outstanding receivables for the field in August. At that time, DNO reported that production from the Tawke licence, which also includes the Peshkabir field, was more than 100,000 bopd.
Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20 relating to the development of the Cameia… Read More
TotalEnergies announced on Tuesday it has made a FID on the Kaminho deepwater project in Angola Read More
BW Energy has made a substantial oil discovery in the DHIBM-7P pilot well of the Hibiscus field offshore Gabon, the company… Read More
Saudi Aramco has signed three MoUs with US companies to advance the development of potential lower-carbon energy solutions, the company… Read More
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
This website uses cookies.