Iraqi Kurdistan is experiencing a mini revival of its oil and gas sector as financing from Russian state-firm Rosneft has provided the funds to ease investor concerns.

In the latest indicator of the reinvigoration of Iraqi Kurdistan’s oil sector, Norwegian independent DNO on 8 September agreed to buy half of ExxonMobil’s stake at the Baeshiqa license. Following completion, DNO will operate the block with 32% net interest, ExxonMobil will retain 32%, the nascent state Turkish...