Balancing Geological Potential and Political Risk: Interview with Tony Hayward

Saturday, October 12th 2013 - 10:19 UTC

Full article 10 comments

From Kurdistan to Somaliland, for independent oil companies, getting your hands on new exploration acreage where both technical risk and political risk are low is impossible. Exploring for oil and gas in new frontiers is all about striking the right balance between geological potential and political risk. Take it from Anglo-Turkish Genel Energy, the largest producer in the Kurdistan Region of Iraq (KRI), where it seems nothing can shake investor confidence right now. Read full article

Comments

Disclaimer & comment rules

Briton
Ah
Money,
its all a question of money.
Oct 12th, 2013 - 06:14 pm - Link - Report abuse 0
-+
Think
TWIMC
Seems that the “little” English“man” “got his life back”......................
Oct 12th, 2013 - 06:18 pm - Link - Report abuse 0
-+
golfcronie
What if anything has this article got to do with South America, except to piss them off because they can't afford to extract their own oil let alone someone elses.
Massive oil reserves in Kurdistan, even a little company called Gulf Keystone Petroleum has found an estimated 13 billion barrels. Seems the oil companies would sooner work for the Iraqies than get ripped off by Latam countries.
Oct 12th, 2013 - 06:39 pm - Link - Report abuse 0
-+
Mr Ed
I'm rather surprised that some American prosecutor has not fitted this man up and put him on a chain gang for 25 years to life.
Oct 12th, 2013 - 08:13 pm - Link - Report abuse 0
-+
golfcronie
It was American companies faulty work on the rig yhat was the problem. Hallibutons lousy cement job and destroting subsequent tests. Inform yourself before posting.
Oct 13th, 2013 - 07:00 am - Link - Report abuse 0
-+
Mr Ed
@5 I did not say that Mr Hayward, or his former employer, were at fault. Indeed, if you were able to comprehend my post, you might reasonably conclude the opposite.

May I suggest that you learn to make deductions and draw logical inferences before posting, or is that beyond you?
Oct 13th, 2013 - 09:05 am - Link - Report abuse 0
-+
GeoffWard2
Whatever your feelings about this not being a south Atlantic article,
it is an immensely important insight into the global vision of the oil industry.
Remarkable!
Oct 13th, 2013 - 02:56 pm - Link - Report abuse 0
-+
Nosregor
Mr Ed,
That could easily happen considering the corruption present in the US prosecution service.
Oct 13th, 2013 - 03:56 pm - Link - Report abuse 0
-+
Briton
mmmmm
corruption, theft , incompetence , blameless,

Ah
Money,
Its all a question of money.
.
Oct 13th, 2013 - 06:01 pm - Link - Report abuse 0
-+
geo
all are crazy ducks at middle east arena,.. americans,britons,all other europeans,turks,arabs,russians,sinos..all of them..
noone knows what will happen there....
Oct 14th, 2013 - 07:02 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!