IRAQ

Although cautiously optimistic that KRG receivables payments will continue into 2016, Norway’s DNO confirmed in its Q3 update on 5 November that significant investment in the firm’s Tawke field, the largest producer in the three official KRG provinces, remains on hold for now.

DNO’s Executive Chairman Bijan Mossavar-Rahmani confirms that the firm received payments of $22mn from the KRG in both September and October, with another $8mn going to partner Genel Energy. He...