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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

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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