Oil companies evacuate workers from Iraqi Kurdistan
Both Exxon Mobil, Chevron and Genel Energy have said that they are evacuating their staff from Kurdistan for security reasons
Oil Company Afren halted output at its Barda Rash oilfield in Kurdistan, Iraq –the first field to shut in the region as Islamist militants advance closer, weighing on shares of London-listed active oil producers there, Reuters reported.
The company said in a statement that “Afren has taken the precautionary step to temporarily suspend operations at the Barda Rash field,” adding that it was clearing all non-essential staff from the field.
The move comes as international air companies have started evacuating their workers from the troubled region.
Both Exxon Mobil and Chevron have said that they are evacuating their workers and other staff from Kurdistan for security reasons following increased attacks by Islamic State of Iraq and Syria fighters in Northern Iraq.
Genel Energy, operator of the two large Taq Taq and Tawke oilfields in Kurdistan, also said it evacuated “non-core” personnel from fields in the region that are not producing oil.
Jihadists kill 14 Iraq Kurds in battle over dam, oil facilityISIS “attacked a peshmerga post in Zumar and a fierce battle erupted,” an official said Middle East
Oil depots again catch fire in fighting in LibyaMore than 200 people were killed in weeks-long violence in Tripoli and Benghazi Energy
Iraq warns firms against dealing with oil smuggled by KurdsThe head of the Kurdish parliament’s energy committee said that Iraq’s Kurdish region has the right to keep selling oil Energy
Shell: oil production increased in Iraq, offsetting declinesShell profit is up by more than 32 percent due to higher oil prices Business
Iraqi Kurdish oil nears U.S. port despite concern in WashingtonWashington has expressed fears that independent oil sales from Kurdistan could contribute to the break-up of Iraq Business