Gulf Keystone Petroleum: The most obvious takeover target on the stock market. Who will it be? Exxon, Chevron, Shell, Sinopec... maybe all 4. Time will tell
#GKP#GulfKeystonePetroleum
"...as more big players come into the picture, it presents some interesting opportunities for us..."
"...we will operate the fields like we were guna keep them... and in the course of all that....ummmm..... we'll see what happens..."
International oil companies operating in the Kurdistan Region are "finally" being respected by the Iraqi federal government, an expert says, as Baghdad works on providing security guarantees to help the firms resume production at full capacity.
https://t.co/gD1oCSsPKq
@gggg2120@NickHol06 😂 what a load of rubbish.
GKP can export via the Kurdish pipeline through turkey.
Their production contract is with the KRG not Iraq.
#BREAKING: Iraqi Oil Minister Hayyan Abdul Ghani tells Rudaw that Baghdad has sold 650,000 barrels of Kurdistan Region's oil since the restart of the Region's oil exports on Saturday
Today we reached a historic agreement under which the Federal Ministry of Oil will receive crude oil produced from the fields in the Kurdistan Region of Iraq and export it through the Iraq–Türkiye pipeline. This ensures fair distribution of wealth, diversification of export outlets, and encouragement of investment. An achievement 18 years in the making.
#BREAKING:
Oil exports from the Kurdistan Region of Iraq to Turkey's Ceyhan port are set to resume within hours, ending a halt of more than two years. An agreement has been reached between the KRG and the Iraqi Ministry of Oil.
#BREAKING: Iraqi security forces have launched a “large-scale search operation” in the Hatra Desert in the western Nineveh and Salahaddin sectors of the Joint Operations Command, aimed at tracking down the parties responsible for the recent attacks on oil fields in the Kurdistan Region - Iraqi Security Media Cell
@john78846295@apikur_oil Not sure that’s the reason for the resignations
“The resignations stemmed from internal disputes over the Khor Abdullah maritime agreement between Iraq and Kuwait. The backlash has reportedly caused divisions within the judiciary, ultimately triggering the mass resignations."
#BREAKING The Iraqi Parliament has passed a significant amendment to the federal budget law, including provisions for the resumption of Kurdistan Region's oil exports, according to Kurdistan24 correspondent Dilan Barzan.
More details to follow.
@GoodnightCharl1#ShaMaran CFO @ Sparebank1 Energy conference
'From press reports and from what we hear, the risk to PSCs is off the table. There seems to be a move towards opening the #pipeline whilst honouring the PSCs'.
#GKP
@WilliamSirett SP reached £3 in 2022. This was while Iraq was telling the world that the KRG oil is illegal and that they will take people to court who buy it.
When exports restart = contract legitimacy = no longer “Illegal oil” = GKP worth many billions
That’s Why top holders never sell
#GKP
Cost of producing in the contracts with the KRG is $21. We cannot pay that because it would violate law. So the ICG will agree to change the law because we are losing around 470kbpd. The IOCs are waiting for the law to be changed = resume exports
https://t.co/CrHH5Nwe5n