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.
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.
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