Oil and gas producer Afren said it expected drilling and production at its Barda Rash field in Kurdistan to be fully resumed by end-October as the security situation had improved at the border of Iraqi Kurdistan.
Oil producer Gulf Keystone Petroleum has returned all staff to its operations in Iraqi Kurdistan after evacuating international contractors from the region due to escalating violence in August.
Production at th
Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May via a pipeline to Turkey's Mediterranean port of Ceyhan, a Turkish energy official told Reuters.
Oil Search expects to resume drilling work in the Taza field in Iraqi Kurdistan in three to four weeks when the situation stabilises, a senior company official said.
"Right now, activity has been impacted
At least 3 million barrels of Iraqi Kurdish oil are on ships heading to Asia, with trade sources naming China as a possible destination as the autonomous region expands efforts to establish independent oil sales in defiance of Baghdad.
Iraqi Kurdistan has shipped a total of 11.2 million barrels of crude oil since May via a pipeline to Turkey's Mediterranean port of Ceyhan, Turkish energy minister Taner Yildiz told a conference in the southeastern city of Gaziante
Oil production in Iraqi Kurdistan will rise to around 400,000 barrels per day (bpd) over the course of 2014, the chief executive of Anglo-Turkish firm Genel Energy, the region's biggest producer, said.
Iraqi Kurdistan has shipped 10 million barrels of oil from the Turkish port of Ceyhan since May, Turkish Energy Minister Taner Yildiz said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.
Britain on Wednesday lowered its travel warning for Arbil in Iraqi Kurdistan, prompting some oil companies to return foreign employees who had been evacuated as violence escalated.
Canadian oil producer Oryx Petroleum said