Rosneft agrees to terms for PSAs in Kurdistan

October 20, 2017 0

Amid growing tension between Iraq and its autonomous region of Kurdistan, Russian oil company Rosneft signed on Wednesday the terms making effective the production sharing agreements (PSA) for five production blocks in the Kurdish region.

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Crude prices rise on Middle East tensions

October 17, 2017 0

Geopolitics tensions in the Middle East continued to support crude futures, with U.S. oil prices nearly rising to a six-month high on Monday following concerns Iraqi and Kurdish forces could ignite in a civil war.

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Petrofac wins Gazprom contract in Kurdistan

October 13, 2017 0

UK’s engineering consultant Petrofac has won a three-year, undisclosed contract with Gazprom Neft to provide engineering services on a call-off basis for the Kurdish onshore Garmian oilfield, Kallanish Energy learns.

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