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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

Our entry into Block 54 in Oman is expected to complete in the coming weeks, with first substantial work programme activity commencing around the end of the year. "We

Energy 97
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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1

Energy 66
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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

Strategic Production Outlook Equinor plans to: Drill ~250 exploration wells on the NCS by 2035 Continue expanding low-carbon solutions through CO storage projects like Northern Lights Phase 2, with injection capacity increasing from 1.5 Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1%