Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Upbeat outlook in Iraqi Kurdistan
Oil and gas developers in the semi-autonomous region are looking forward to a year of rebound
Kurdish old hands buffeted again
KRG producers face both global and local headwinds to their expansion plans. At least it’s not their first time round the block
Russia aids Kurdistan gas boost
Strategic investments from Rosneft have unclogged Kurdistan's messy export scene, paving the way for supplies to Turkey in the early 2020s
Kurdistan's oil sector
Kurdistan Genel
Peter Ramsay
20 December 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Kurdistan cash set to go elsewhere

The region’s main operators have oil price boom earnings burning a hole in their pockets, but they may well be largely deployed elsewhere

The three firms most prominent in Kurdistan’s oil sector are taking differing approaches to what to do with coffers bolstered by the sustained high price environment. UK-headquartered Gulf Keystone is aiming to boost production from its key asset in the region, as well as returning cash to shareholders. But both Norway’s DNO and AIM-listed Genel Energy, while maintaining Kurdish production, may focus on deploying their growing capital elsewhere. The former has entered Cote d’Ivoire and has a raft of prospects in its home Norwegian continental shelf (NCS) market. The latter has committed itself to making a transformative acquisition, but there is no certainty it will be in Kurdistan. Gulf Key

Also in this section
The long road to African energy finance
16 June 2025
The launch of the much-needed yet oft-delayed Africa Energy Bank remains shrouded in questions and funding constraints, but its potential is clear
Azerbaijan enjoys rare upstream FID
16 June 2025
BP and partners have reached a $2.9b FID on a new phase at Shah Deniz, but slow progress on other gas projects is attributed to a lack of European support
Saudi Arabia and Russia pull OPEC+ in different directions
13 June 2025
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
Trump creates new risk dynamic
13 June 2025
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search