Chevron resumes drilling in Iraqi Kurdistan by Staff Writers New York (AFP) Feb 20, 2018 Chevron said Tuesday it resumed its oil drilling operations in the Kurdistan region of Iraq, four months after suspending them amid tensions between Baghdad and the Kurds. "Chevron can confirm that it has resumed its activities in the KRI and we have restarted drilling operations at our Sarta 3 well," a company spokeswoman said in an email to AFP. Chevron halted drilling in October after an independence referendum in the northern city of Erbil sparked tensions with Baghdad. Baghdad responded harshly to the vote, declaring the referendum illegal, imposing an aerial blockade on Kurdistan and sending troops to the contested region.
Kashagan oil field inching toward design capacity Washington (UPI) Feb 19, 2018 It could take the rest of the year for the Kashagan oil field in the Kazakh waters of the Caspian Sea to reach its full design capacity, the operator said. The Kashagan oil field offshore Kazakhstan was declared a commercial prospect in 2002. Development, however, has been impeded by a series of issues with infrastructure in a complex reservoir environment. Production moved in fits and starts after the commercial declaration and finally resumed in October 2016 following several years of ... read more
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