Explosion Forces Suspension at Sarsang Oilfield

HKN Energy Ltd., the operator behind the Sarsang oilfield, has officially announced a temporary halt in production following a devastating explosion at one of its facilities located near Erbil, in the Kurdistan Region of Iraq. Efforts to control the ensuing fire are ongoing, with reports indicating that the situation is nearly under full control.

No Casualties Reported

In a reassuring update, the company confirmed that all personnel are safe and there have been no casualties. The exact cause of the explosion remains under investigation, highlighting the unpredictable nature of such incidents in the oil and gas sector.

Impact on Regional Oil Production

This disruption occurs at a critical time, as Iraq has recently entered into a preliminary agreement with HKN Energy to develop the Himreen oilfield in the north. The project aims to significantly increase output, targeting a production rate of 60,000 barrels per day at the new site.

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