"ONE SEA OF OIL"
I think we are about to find out how big.
Whether we are still operator when the genie is freed from the bottle is another thing altogether. |
GKP Website (Financial Calendar): Attendance: 26 February 2025 SpareBank 1 Markets 2025 Energy Conference
BP: (Beernut post 718707)¨...It will be a new direction for bp and we look forward to sharing it at our Capital Markets Update on 26 February.”
Same conference or just a coincidence? |
Dont forget the side Libe SA and BB that was deemed commercial. AB I think the Russians have ? Greater Shaikan kirkuks big bro as BBBS used to name it . |
Everyone wants Shaikan. |
(Shamaran + GKP) may well be the deal. |
 PM Barzani, Turkish Finance Minister Discuss Trade, Oil Exports, Regional Connectivity
The discussions focused on the resumption of oil exports, strengthening economic ties, boosting trade and investment, and addressing key regional infrastructure projects.
8 minutes ago
Kurdistan Region's Prime Minister Masrour Barzani (R) and Turkey’s Finance Minister Mehmet Şimşek (L). (Photo: KRG)Kurdistan Region's Prime Minister Masrour Barzani (R) and Turkey’s Finance Minister Mehmet Şimşek (L). (Photo: KRG)
Kurdistan
PM Masrour Barzani
Mehmet Simsek
WGS25
Resumption of KRG's Oil Exports
Development Road Project
KRG-Turkey Relations
ERBIL (Kurdistan24) – Kurdistan Region Prime Minister Masrour Barzani met with Turkey’s Finance Minister Mehmet Şimşek on Wednesday on the sidelines of the World Government Summit (WGS25) in Dubai.
The discussions focused on strengthening economic ties, boosting trade and investment, and addressing key regional infrastructure projects.
The meeting underscored the importance of advancing economic relations between the Kurdistan Region and Turkey, a longstanding trade partner.
Prime Minister Barzani emphasized Kurdistan’s commitment to fostering a stable and business-friendly environment to attract further Turkish investments.
Finance Minister Şimşek reaffirmed Turkey’s interest in deepening economic cooperation, particularly in sectors such as energy, infrastructure, and commerce.
Restarting Oil Exports and Resolving Regional Disputes
A significant part of the meeting addressed ongoing efforts to resolve financial and administrative disputes between the Kurdistan Regional Government (KRG) and the federal government in Baghdad.
The suspension of the Kurdistan Region’s oil exports has had a considerable economic impact, and both sides agreed on the need to resume exports at the earliest opportunity.
The discussion highlighted the importance of cooperation between Erbil, Baghdad, and Ankara to establish a sustainable and mutually beneficial energy framework.
The Kurdistan Region’s oil exports, previously a major revenue source, have been stalled due to technical and political disagreements between Baghdad and Erbil.
However, the recent approval of Iraq's budget law amendment, facilitating the resumption of oil exports from the Kurdistan Region, has paved the way to resume the Kurdistan Region’s oil exports.
Turkey plays a key role in facilitating the export route via the Ceyhan port, and Şimşek expressed Turkey’s readiness to support a resolution that ensures the steady flow of energy while maintaining regional stability.
The Development Road Project: Strengthening Regional Connectivity
Another focal point of the meeting was the Development Road project, a strategic initiative aimed at connecting Gulf nations, Iraq, the Kurdistan Region, and Turkey with Europe through a comprehensive railway network.
Both sides recognized the project’s significance in boosting trade and enhancing transportation efficiency across the region.
Prime Minister Barzani stressed the necessity of Kurdistan’s active participation in the Development Road project, positioning the region as a critical transit hub linking Middle Eastern and European markets.
The project aligns with broader regional efforts to enhance economic integration and facilitate smoother trade routes.
Commitment to Continued Engagement
Both Prime Minister Barzani and Minister Şimşek reaffirmed their commitment to continued collaboration on economic and trade issues.
They agreed to maintain discussions to ensure the timely implementation of agreements that will strengthen the Kurdistan Region’s economic position and further its integration into regional and international trade networks.
The meeting highlights the growing importance of Kurdistan-Turkey relations in shaping regional economic dynamics and underscores the Kurdistan Region’s strategic role in fostering stability and economic development. |
Off to Azeri I'm afraid. Port Capri will be back tomorrow |
Looks like The Sea Vision is being assisted by 2 tugs which work out of the Botas jetty. |
Yes it sold TBA, that became 100% clear with the necessity to get shareholder approval for rest 10 and 12.I also think the price is significantly higher than they estimated, as no CEO hands back 45% of a bonus!!I doubt very much we will have to wait much longer, as the imaginary share buyback program LOLOLOL expires 5 weeks today. |
Great post Habshan..!
You can see why HKN were eager to become operator of Atrush..!
The Greater Shaikan indeed..! |
They will do some testing etc though. Hence the Port Capri movement. |
SS ,the company won't export without receiving pro forma payments They would RNS that first. |
Well it has Botas as its destination so fingers crossed. |
Nonsense, the company has already been sold tba...Valuations? We will get whatever has been agreed..The CEO reduced stay bonus paid last month implies they have negotiated a premium price.We will see a sale RNS shortly .Get the amended contracts agreed, costs agreed, back payments agreed, the oil flowing and allow a period of confirmation for the new "regime" that confirms a stable operating and political environment Only then, let's talk take over valuation. So, let's say this time next year... |
Totally agree with what you say but we have the added hurdle of corruption to get through |
Sea vision is making its way to a dock? |
@ Highly Geared, Finally someone talking sense! |
Get the amended contracts agreed, costs agreed, back payments agreed, the oil flowing and allow a period of confirmation for the new “regime” that confirms a stable operating and political environment Only then, let’s talk take over valuation. So, let’s say this time next year… |
You gotta try harder than that. I don't drink. |
@ Federalbear, You been on the sauce, you don't make sense! |
@ Diamond, If it makes you feel happy and content, then you hold onto your faith!
But if ever that RNS arrives saying GKP is sold, just make sure you are sat down before reading it! |
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