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OIL AND GAS
Kurdish oil work secure, British company says
by Daniel J. Graeber
London (UPI) Jul 31, 2015


disclaimer: image is for illustration purposes only

Production in the Shaikan oil field in the Kurdish north of Iraq is continuing without disruption despite regional security woes, Gulf Keystone Petroleum said.

The company said production and other operations are proceeding without interruption and in a "safe and secure manner." It's the second company to issue an operational update after NATO minister met this week at the request of Turkey to discuss regional security issues.

The company trucks crude oil across the border to Turkey for injection into a pipeline to the sea port of Ceyhan.

"These deliveries are expected to resume once the temporary shutdown of the Kirkuk-Ceyhan pipeline in Turkey has been rectified," Gulf Keystone said in a statement.

The pipeline, with a maximum capacity of around 400,000 barrels of oil per day, was bombed Wednesday in the southern Turkish province of Sirnak. It came one day after Ankara blamed the militant Kurdistan Workers' Party for an attack on a natural gas pipeline stretching from Iran.

The Turkish government has accused the group known by its Kurdish initials PKK of collaborating with the terrorist movement calling itself the Islamic State.

Norwegian energy company DNO International this week offered assurances that its operations in northern Iraq were proceeding as normal despite the uptick in violence.

Gulf Keystone said that, as of Wednesday, production from the Shaikan reserve area was around 43,700 bpd, with about 39,500 barrels loaded on trucks for later sale.


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Shell resumes offshore oil drilling in Arctic
Washington (AFP) July 31, 2015
Oil giant Shell has resumed offshore drilling operations in Alaskan waters, the company said Friday, after one of its icebreakers was delayed for nearly two days by protesters dangling from a bridge. Greenpeace activists were suspended from a bridge and in kayaks in the water for more than 40 hours in an effort to block the Fennica icebreaker from traveling to the Transocean Polar Pioneer ri ... read more


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