Egypt Oil & Gas

MARCH 13, 2025

Under the terms of the agreement, OQEP will hold a 60% operating interest in Block 54, while Genel Energy will retain the remaining 40% as a non-operating partner. Genel stated that it will provide a partial carry of OQEPs 60% participating interest during the Initial Phase.

Exploration and Production 52

Exploration and Production Energy Energy Exploration Well 52

Iraq Business News: Oil & Gas

FEBRUARY 6, 2025

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Ownership & Strategy DNO: 75% operator interest. Genel Energy International: 25% interest. KRG: 20% carried interest.

Workover 52

Workover Operating Interest Field Pipeline 52

The Energy Law

MARCH 2, 2009

As required by the JOAs, Smith provided written notice to the Non-Operating Interest Owners of its proposal to drill four additional wells on the lease. Each of the electing Non-operating Interest Owners then agreed to carry their proportionate share of Chevron’s interests as required by the JOAs.

Operator 40

Operator Operating Interest Spud-in IT 40