1. Shamaran Plans EPFs at KRG

    ...rathon’s 15% stake to boost its share to 35.1%. The KRG holds the remaining 25%. Production began in July 2017 and while capacity is 30,000 b/d the closest it has come was 27,000 b/d in January. Since then output has been hampered by technical problems and fell to around 12,000 b/d in April before bo...

    Volume: 61
    Issue: 40
    Published at Fri, 05 Oct 2018
  2. Noble Completes Tamar Farm-Down

    ...rel for $450mn in July 2017 before setting up Tamar Petroleum as a vehicle to sell off additional stakes (MEES, 30 June 2017). The largest single shareholder is now privately-owned Israeli firm Isramco with 28.75% though Noble, with 25%, remains operator (see chart). NOBLE COMPLIES WITH RE...

    Volume: 61
    Issue: 40
    Published at Fri, 05 Oct 2018