Genel Energy PLC declared a force majeure event impacting work on the Qara Dagh block in the Kurdistan region of Iraq.
The QD-2 well was on track to spud in this year’s second quarter prior to COVID-19 impacting supply chains and the movement of people in to the region preventing the company from performing its contractual obligations as scheduled, Genel said in a release (OGJ Online, Oct. 28, 2019).
Genel is operator with 40% interest of the Qara Dagh production sharing contract. Partners are Chevron, 40%, and the Kurdistan Regional Government, 20%.
At Sarta oil field in the Kurdistan region of Iraq, where Genel holds 30% working interest, civil construction work is nearing completion, with the facility build ongoing, but first oil has been delayed to this year’s fourth quarter from the third quarter due to delays in the movement of people and equipment caused by the impact of COVID-19 (OGJ Online, Sept. 13, 2019).