He was paid the stay bonus, as long as he was in posn and not under notice this January.Hence buyers have him for a minm of his notice period.6/12:months not sure which.Its effectively a sale "completion" bonus.I reckon this starts to get exciting now. |
 In the vast expanse of desert and sand,
Lies Ghawar, a titan of Arabian land,
Stretching two hundred and eighty by thirty wide,
A behemoth where oil reserves reside.
To the north, in the mountains of Kurdistan,
There's Shaikan, another field so grand,
Though smaller in scale, its presence is known,
A giant in its own right, its value has grown.
Ghawar, the pride of Saudi's domain,
A legacy of oil, a global sustain,
Its reserves stretch far beyond sight,
A geological marvel, bathed in sunlight.
Shaikan, in the hills where history breathes,
An echo of Ghawar, in its depth it seethes,
Not as vast, but still a colossus of size,
Its oil wells whisper ancient, hidden lies.
Both fields, like sleeping dragons beneath,
Hold in their depths the black gold we seek,
Ghawar with its sprawling, endless reach,
Shaikan, a testament to Kurdistani beach.
Their magnitude, a story to tell,
Of earth's ancient secrets, of power and wealth,
In Ghawar's colossal, enduring might,
And Shaikan's profound, subterranean light.
Through deserts and mountains, from kingdoms to hills,
Their oil flows like rivers, fulfilling earth's will,
Ghawar, the largest, an empire's crown,
Shaikan, with honor, wears its own renown.
Thus, in the saga of oil, these fields unite,
In size and in silence, in darkness and light,
Two giants of geology, vast and unseen,
Ghawar and Shaikan, in the earth's deep dream. |
Where did you read that |
But GKP did discover Ghawar-2. |
He is in place for 12 months now , the buyers required this contractually in place.Likewise Resn that deferred the local workforce windfall for 3 years in arrears , all part of the post acquisition transition planning.Fill yer boots .The most flagged takeover in history |
Back when I bought GKP prior to 1st oil I read The Prize , It took Gulf 13 years back in the 50s to get sorted with the paper work . I remember thinking that cant happen these days . Lol |
Thought I read it had been kicked down the road until Friday? |
Does anyone know the time of the vote today? |
The Federal Government are starting to come across as being desperate to get this done.
I see that BP's pen is still hovering. |
‘US Support for Peshmerga Forces Continues Unwavering, Says Maj. Gen. Rasheed.’
“The US financial and logistical assistance, including the provision of weapons and other military equipment, is continuing as per the prescheduled plans,” Major General Rasheed revealed.
19 hours ago
Kurdistan Region Peshmerga forces. (Graphic: Designed by Kurdistan24)Kurdistan Region Peshmerga forces. (Graphic: Designed by Kurdistan24)
Kurdistan
US Support
Peshmerga Forces
Kurdistan Region
Jan. 27, 2025
ERBIL (Kurdistan24) – Major General Hoshmand Rasheed, Peshmerga Deputy Commander for Administration and Supply, confirmed to Kurdistan24 on Monday that US support for the Kurdistan Region Peshmerga forces remains steadfast.
“The US financial and logistical assistance, including the provision of weapons and other military equipment, is continuing as per the prescheduled plans,” Major General Rasheed revealed.
He explained that the concerns about the continuation of US financial support is due to the increasing number of Peshmerga forces in the brigades benefiting from US assistance.
Two weeks ago, the Kurdistan Regional Government (KRG) Ministry of Peshmerga announced that financial aid from coalition forces for December 2024 would be distributed to Peshmerga forces after the completion of financial and accounting procedures by the General Directorate of Budget and Programs.
Currently, 37,730 Peshmerga members and officers are receiving assistance through the “MyAccountR21; initiative, a significant step by the KRG in modernizing the ministry's financial processes. |
Anyone.
So has CEO come to the end of his one year extra with the company or is he about to begin it on the 1st of February. Might see things happening before weekend. Who knows.
Gla |
https://www.rudaw.net/english/middleeast/iraq/28012025 ERBIL, Kurdistan Region - Iraqi Foreign Minister Fuad Hussein said that the Kurdistan Regional Government (KRG) is in ongoing meetings with Iraq's finance ministry to discuss budget issues and oil exports, with the two set to meet again on Friday."The federal finance ministry sent a delegation to the Kurdistan Region. The delegation is still there and they will finish in a few days. Our second meeting is on Friday," Hussein said during a conference at the Naram-Sin Foundation for Dialogue on Monday.Erbil and Baghdad have held several meetings to discuss amendments to Iraq's previously approved 2025 budget law and address obstacles to paying the Kurdistan Region's civil servant salaries.During the conference, Hussein told Rudaw's Ziyad Ismail that a KRG delegation met with Iraq's finance ministry at his house to discuss pending salary and oil export issues."We had a good understanding. The [federal] finance ministry wanted some information," he said.The KRG has struggled to pay the salaries of its civil servants on time and in full for a decade due to a financial crisis that further deteriorated after the oil export halt. Erbil is reliant on its local income and federal budget funds.Changes in the law, which include an increase in the amount producing companies make from producing oil in the Kurdistan Region, could lead to the resumption of Kurdish oil exports.In November, the Iraqi government approved a proposal to amend articles from the federal budget to authorize compensation to companies operating in the Kurdistan Region for oil production and transportation costs, setting the rate at $16 per barrel. The proposal has had its first and second reading in the Iraqi legislature but has not been passed yet.The move was welcomed by the KRG and producing oil companies.Hussein said that the federal government and the KRG, along with international oil companies (IOCs), have reached a written agreement. He added that Iraq's Council of Ministers has approved the agreement and sent it to parliament for inclusion in the budget law.According to Hussein, the proposed text would pave the way for the resumption of oil exports if it is incorporated.Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline have been suspended since March 2023 after a Paris-based arbitration court ruled in favor of Baghdad over Ankara, saying the latter had breached a 1973 pipeline agreement by allowing Erbil to export oil independently since 2014.Hussein added that during his meeting with Turkish Foreign Minister Hakan Fidan on Sunday, they discussed the Kurdistan Region's oil exports."I told him that it was related to the budget law. If parliament votes on it, then oil would be exported again," he said. |
https://economy-news.net/content.php?id=52335 Oil Minister Hian Abdul Ghani announced on Monday that the government has submitted a draft law to parliament on the receipt of the region's oil and the payment of $16 per barrel as an advance."There is a project submitted by the government to parliament that is being studied on the receipt of the region's oil and paying $16 per barrel as an advance," Abdul Ghani said in a statement reported by the official news agency and seen by "Economy News".He added, "This continues until the real cost of gas investment from the region's fields that work for oil production are re-examined, and in return the region delivers at least 250 to 300,000 barrels per day with the aim of exporting them through the Iraqi Oil Marketing Company."Regarding oil prices, Abdul Ghani stressed that "oil prices range from 70-80 dollars per barrel, and we hope that they will remain within these levels or increase slightly in order to provide the necessary financial resources to balance the Iraqi state."The official spokesman for the government, the name of Al-Awadi, denied the statement of the spokesman for the Kurdistan Regional Government of Iraq, the claim that the representative of the federal government in the House of Representatives blocked the amendment of the article on the procedures for resuming oil exports from the region in the budget."We affirm the importance of the Kurdistan Regional Government of Iraq's commitment to the provisions of the articles of the Federal Budget Law, including the delivery of financial revenues, both oil and non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court," Al-Awadi said in a statement.He pointed out that "commitment to these procedures is a necessary step to solve the problems related to this file and strengthen cooperation between the two sides, and the federal government hopes from the esteemed House of Representatives to speed up the approval of the amendment according to the text approved by the Council of Ministers, in the interest of Iraq, all of Iraq." |
4 p spread .... |
https://www.kurdistan24.net/en/story/821877 ERBIL (Kurdistan24) Iraqi Foreign Minister Fuad Hussein stated on Monday that Erbil and Baghdad delegations will soon meet again to discuss the Kurdistan Regional Government (KRG) employee's salary issue and the resumption of Kurdistan oil exports. "Today, I talked with the Iraqi Prime Minister Mohammed Shia al-Sudani about making the necessary amendments needed in the parliament to resume Kurdistan Region Oil Export," FM Hussein told a press conference in Baghdad. Hussein revealed that he has discussed the issue of resuming Kurdistan oil exports with his Turkish counterpart Hakan Fidan. He further explained that the Kurdistan Region and the Iraqi Ministry of Finance's delegations will meet on Friday to discuss the KRG employee's salary issue.The ongoing dialogue between Erbil and Baghdad is a critical step toward resolving longstanding financial and administrative disputes that have affected the region's stability and economic prosperity. These discussions are not only pivotal for the immediate concerns regarding salaries and oil exports but also for setting a framework for cooperation and co-existence between the Kurdistan Regional Government and the Federal Government of Iraq. This collaboration is essential for the region's long-term stability and the economic well-being of its people. |
CEO base salary less than I thought , 470k.Friday they bought about 125 k of shares for him.Probably did the same yesterday, so that would be the "stay bonus "award done, the shares element. |
And it's amazing how many people tick his posts up.. scary |
Hmmm.....noisy neighbours.....Shamaran the Company expects to repay approximately $26.8 million (13% of the current total outstanding amount).
I know a few on here hold Both GKP and Shamaran..!
Just shows the IOC's are ticking along nicely..no pressure for a Bum deal..! |
So...No Muppet show today...!
‘Erbil and Baghdad Delegations to Reconvene on Financial Issues,’ Says Iraqi FM
Jan. 28, 2025
ERBIL (Kurdistan24) – Iraqi Foreign Minister Fuad Hussein stated on Monday that Erbil and Baghdad delegations will soon meet again to discuss the Kurdistan Regional Government (KRG) employee’s salary issue and the resumption of Kurdistan oil exports.
"Today, I talked with the Iraqi Prime Minister Mohammed Shia al-Sudani about making the necessary amendments needed in the parliament to resume Kurdistan Region Oil Export," FM Hussein told a press conference in Baghdad.
Hussein revealed that he has discussed the issue of resuming Kurdistan oil exports with his Turkish counterpart Hakan Fidan.
He further explained that the Kurdistan Region and the Iraqi Ministry of Finance’s delegations will meet on Friday to discuss the KRG employee’s salary issue.
The ongoing dialogue between Erbil and Baghdad is a critical step toward resolving longstanding financial and administrative disputes that have affected the region's stability and economic prosperity.
These discussions are not only pivotal for the immediate concerns regarding salaries and oil exports but also for setting a framework for cooperation and co-existence between the Kurdistan Regional Government and the Federal Government of Iraq. This collaboration is essential for the region's long-term stability and the economic well-being of its people.
hxxps://www.kurdistan24.net/en/story/821877/erbil-and-baghdad-delegations-to-reconvene-on-financial-issues-says-iraqi-fm |
Controversially I still prefer big dogs ramblings to the never ending sold tomorrow chat. How someone can consistently post 15 times a day that the company is secretly sold, sweeping takeover etc is beyond me. Every month they move the goal posts to next month. It's the real commitment to utter delusion I can't reconcile. |
BigdogSarah5IQBucketShop has now trolled this board for the past 13 years.....
and she is long overdue a visit to the vet by the sounds of it.
IMO
LOL |
BigdogSarah5IQBucketShop has now trolled this board for the past 13 years.....lol |
All my lifeI've been kissinYour left titCos your right one's missingOh boy |
Have all you gullible suckers dismissed the possibility that Baghdad and Turkey may have already agreed that they will extend the ITP contract, as they are able to do?
BP will surely have/will agree terms that will ensure they are able to get the quality oil in Kirkuk to Ceyhan otherwise why would they be interested in ramping up production there!!! And its well known that Baghdad want to revive exporting a top quality blend in order to receive top dollar.
Just a mull? |
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