Middle East Economic Survey

VOL. LII

No 30

27-Jul-2009

IRAQ

Gulf Keystone Wins Two More KRG Blocks

UK independent Gulf Keystone on 20 July announced it had won stakes in two new production sharing contracts (PSCs) in the Kurdistan Regional Government (KRG) area of Iraq. The deals come as the firm tries to divest itself of some of its Algerian assets to better concentrate on KRG acreage, and also marks the beginning of a new partnership with Middle East investment fund ETAMIC (MEES, 20 July). ETAMIC...