Chevron primed to drill, looking for more

Gearing up for exploration drilling, the American super-major is undaunted by political disputes and ready to double down on Kurdistan.
Chevron primed to drill, looking for more
A rig at Akri-Bijeel, operated by Hungary's MOL and junior partner Gulf Keystone Petroleum. (SEBASTIAN MEYER/Metrography/Iraq Oil Report)

ERBIL - In less than a year, Chevron will have drilled its first exploration wells in Iraqi Kurdistan, setting the stage for production from two newly acquired blocks in the region.

The American super-major is moving ahead with its operations despite a conflict between the Kurdistan Regional Government (KRG) and the central government in Baghdad over oil contracting rights, which has delayed payments to contractors and shut in exports.

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.