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Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said it has the funding necessary to move regional production to 40,000 bpd and could potentially hit 55,000 bpd. (Shutterstock)

April 9th, 2017 - 08:20 GMT

Kurdish oil production, exports set to rise: Operator

Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said oil production and exploration are "primed for future development".

Gulf Keystone Petroleum said said it ended 2015 with an average daily production rate of 36,000 barrels of oil per day at Shaikan and the field is now on pace to reach 55,000 bpd potentially. (File photo)

July 3rd, 2016 - 07:45 GMT

KRG to receive $10M payout bonus for bumper production at Shaikan oil field

The company said it reached a deal with a committee of holders of notes and bonds to enter into a "standstill agreement" on interest payments for April, which has now been extended to July 1. (European Oil & Gas)

June 14th, 2016 - 12:00 GMT

Gulf Keystone Petroleum gets extension on debt repayments

Both companies have reiterated their commitment to their investment in the regional Shaikan area. (Shutterstock)

January 12th, 2016 - 09:00 GMT

Hungary's MOL divest stake in Kurdish oil field

Al Bawaba

October 1st, 2015 - 02:39 GMT

Gulf Petroleum says Kurdish oil reserves at least double expected amount

Al Bawaba

August 27th, 2015 - 12:25 GMT

Kurds to support oil companies in Iraq with regular payments