Taqa expects that the initial production output of the Atrush

2021-03-24 · Taqa exceeds monthly production target of 1m barrels oil in Kurdistan. The Abu Dhabi National Energy Company (Taqa) announced on Wednesday that its subsidiary, Taqa Atrush BV (Taqa Iraq), has set a new production record from the Atrush oilfield in the Kurdistan Region of Iraq.

Initial production is expected to be approximately 30,000 barrels of oil equivalent per day. TAQA acquired the interest for $600 million from … Taqa bought into Atrush as operator four years ago when the 2017-06-19 Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan.It was discovered by the Consortium of General Exploration Partners. As of March 12, 2013 the Kurdistan Regional Government (KRG) has exercised its option to acquire a 25% Government Interest of the Atrush Field according to the PSC contract.. General Exploration Partners (GEP) held 80% of Atrush and was in TAQA Atrush, a subsidiary of TAQA, is the operator with a 39.9 % working interest; ShaMaran Petroleum holds a 20.1 % working interest through its wholly owned subsidiary ShaMaran Ventures (100 The underlying agreements governing the development and operation of the Atrush block require that both the Minister of Natural Resources of the Kurdistan Governmental Authority (“MNR”) as well as TAQA Atrush BV (“TAQA”), the other owner of a participating interest in, and the operator of, the Atrush block, consent to the assignment of the participating interest from MOKDV to GEP. ShaMaran Petroleum Corp. announces that TAQA Atrush B.V., as operator of the Atrush Block Production Sharing Contract ("PSC"), has entered into an Engineering, Procurement and Construction ("EPC") contract with KAR Company ("KAR") for the construction of the feeder pipeline from the Atrush block boundary to the tie-in point with the main Kurdistan export pipeline (the "Feeder Pipeline"). TAQA exceeds monthly production target of 1 million barrels of oil in Kurdistan Region of Iraq. 21 August 2019, Abu Dhabi, United Arab Emirates – Abu Dhabi National Energy Company PJSC (TAQA) announced today that its subsidiary, TAQA Atrush B.V. (TAQA Iraq), has set a new production record from the Atrush oil field in the Kurdistan Region of Abu Dhabi National Energy Company PJSC (“TAQA”) has signed an agreement to acquire a 53.2% interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, Inc., an affiliate of Aspect Holdings, LLC. Carl Sheldon, Chief Executive Officer of TAQA, said: “Atrush is a highly prospective block in a new growth area with significant upside potential.

47,583. 120. 120. ShaMaran Petroleum has announced that the January 2021 interest payment due A group of 13 technicians from TAQA's Atrush Block oil production facility in A desalination plant in the United Arab Emirates and an oil field in the UK North Sea, Cladhan, will be commissioned before the year-end, while the Atrush field 6 Jan 2021 ShaMaran Petroleum has announced that the January 2021 interest payment TAQA Iraq is the operator of the Atrush block and has a 47.4% 21 Aug 2019 ry TAQA Atrush B.V. (Taqa Iraq) has made a new production record from the Atrush oil field in the … 13 May 2019 TAQA is indirectly state-owned via Abu Dhabi Power Corporation (ADPC, 75.1%) . Fitch expects the first PWPA to be renewed before its expiry in 2021.

Marathon Oil's wholly owned subsidiary Marathon Oil KDV holds a 15 % working interest in the Atrush block. TAQA Atrush, a subsidiary of TAQA, is the operator with a 39.9 % working interest Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan. It was discovered by the Consortium of General Exploration Partners.

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In addition, ShaMaran said the Atrush field total cumulative crude oil production has exceeded 40 million barrels. The Atrush field is located 85 km northwest of […] Taqa buys stake in Kurdistan oil block. Taqa has confirmed it is to buy a 53.2 per cent stake in the Atrush energy exploration block in Kurdistan. Taqa, the Abu Dhabi National Energy company, has been on a buying spree.

13 May 2019 TAQA is indirectly state-owned via Abu Dhabi Power Corporation (ADPC, 75.1%) . Fitch expects the first PWPA to be renewed before its expiry in 2021. if not offset by the Atrush block that increased entitlement produ

In addition, ShaMaran said the Atrush field total cumulative crude oil production has exceeded 40 million barrels. The Atrush field is located 85 km northwest of […] General Exploration operates the Atrush block with an 80 per cent interest. The American energy giant Marathon Oil owns the remaining 20 per cent of the block. "Atrush is a highly prospective block in a new growth area with significant upside potential," said the Taqa chief executive, Carl Sheldon. TAQA holds a majority share (53.2%) and is operator of the Atrush block located 85 km northwest of Erbil in the Kurdistan region of Iraq. Initial production is expected to be approximately 30,000 barrels of oil equivalent per day.

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TAQA exceeds monthly production target of 1 million barrels of oil in Kurdistan Region of Iraq.

Atrush field gross average daily production is expected to range from 39,000 barrels of oil per day (“bopd”) to 44,000 bopd. General Exploration operates the Atrush block with an 80 per cent interest.
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2019-08-21 · With this acquisition, TAQA Iraq’s working interest in the Atrush block increased from 39.9% to 47.4% and represents an AED 116 million addition to the company’s assets. An autonomous region since 1991, Iraqi Kurdistan is often touted as one of the final frontiers for onshore oil exploration and has signed deals with foreign majors.

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Abu Dhabi National Energy Company, TAQA, announced today its financial results and operational highlights for the nine-month period ended 30th September, 2019

2020-11- Transaktionen sker genom att Shamaran och operatören Taqa Atrush köper totalt 15 procent från Marathon Oil för 63 miljoner dollar.

"Atrush is a highly prospective block in a new growth area with significant upside potential," said the Taqa chief executive, Carl Sheldon. TAQA holds a majority share (53.2%) and is operator of the Atrush block located 85 km northwest of Erbil in the Kurdistan region of Iraq. Initial production is expected to be approximately 30,000 barrels of oil equivalent per day. TAQA acquired the interest for $600 million from an affiliate of Aspect Holdings in 2012. Taqa exceeds monthly production target of 1m barrels oil in Kurdistan.