Genel issues Update regarding Kurdistan Region of Iraq
Following recent events in the vicinity of the Kurdistan Region of Iraq (‘KRI’), Genel Energy plc can confirm that the Taq Taq and Tawke fields remain safe and secure. Operations there are unaffected, with combined gross production from both fields averaging c.230,000 bopd this week.
We remain confident in the Kurdistan Regional Government’s ability to maintain the territorial integrity of both the KRI and oil infrastructure.
In line with moves by other operators, we are taking the prudent and precautionary step of withdrawing non-essential personnel from our non-producing assets in the region.