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.