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Maersk Oil: Important milestone in Northern Iraq

Maersk Oil confirms to ShippingWatch that the company's oil venture in the Kurdish part of Iraq is now turning into an actual business. A positive development and an important milestone, says Country Manager.

Photo: Maersk
BY KATRINE GRØNVALD RAUN

Maersk Oil can now reveal that the company's venture in Kurdistan in Northern Iraq is moving in the right direction. Great news, says Esbern Hoch, Country Manager, Kurdistan, in a comment to ShippingWatch.

"Maersk Oil is pleased that the Swara Tika discovery from 2011 has now officially been declared commercially viable. This is a positive development and an important milestone for our business in the Kurdish region of Iraq," he says.

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