Kurdistan-based oil firms confirmed on Friday that they have received another batch of payments for crude sales from the region, despite ongoing political uncertainty.
Norwegian oil and gas firm DNO, controlled by RAK Petroleum, told investors that it had received US$46.53 million from the Kurdistan Regional Government as payment for August’s crude oil deliveries to the export market from the Tawke license.
The Oslo-listed company, which operates and has a 75 per cent interest in the Tawke license, said it had also received a payment of US$4.27 million from the KRG, representing 3 per cent of gross Tawke license revenues during September 2017.
Separately, Genel Energy announced that it had been paid a net sum of US$16.86 million by the KRG for sales from the Tawke and Taq Taq fields.
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Read more:
Dana Gas, Genel say Kurdistan oil production yet to be disrupted despite conflict
Baghdad claims victory in ousting Kurdish forces from disputed territories
British MP pockets Dh145,656 a month from troubled Kurdish oil firm
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“Combined with the payment for the September override received earlier this week, this brings the total November 2017 net receipts to US$23.27 million,” the company declared.
Finally, Gulf Keystone Petroleum announced today that it has received a gross payment of US$15 million from the KRG for crude produced at the Shaikan field in July.
The payments follow rising political uncertainty in the region following a disputed independence referendum in Iraqi Kurdistan.
Results showed that 92.73 per cent of voters backed statehood in September’s referendum, which sparked international concern and angered Baghdad and its neighbours.
The central government rejected the results of the referendum and subsequently sent troops to capture oil-rich Kirkuk from Kurdish forces.
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
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Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
Company%20Profile
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Terminator: Dark Fate
Director: Tim Miller
Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis
Rating: 3/5
Ponti
Sharlene Teo, Pan Macmillan
Company%20profile
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ALL THE RESULTS
Bantamweight
Siyovush Gulmomdov (TJK) bt Rey Nacionales (PHI) by decision.
Lightweight
Alexandru Chitoran (ROU) bt Hussein Fakhir Abed (SYR) by submission.
Catch 74kg
Omar Hussein (JOR) bt Tohir Zhuraev (TJK) by decision.
Strawweight (Female)
Seo Ye-dam (KOR) bt Weronika Zygmunt (POL) by decision.
Featherweight
Kaan Ofli (TUR) bt Walid Laidi (ALG) by TKO.
Lightweight
Abdulla Al Bousheiri (KUW) bt Leandro Martins (BRA) by TKO.
Welterweight
Ahmad Labban (LEB) bt Sofiane Benchohra (ALG) by TKO.
Bantamweight
Jaures Dea (CAM) v Nawras Abzakh (JOR) no contest.
Lightweight
Mohammed Yahya (UAE) bt Glen Ranillo (PHI) by TKO round 1.
Lightweight
Alan Omer (GER) bt Aidan Aguilera (AUS) by TKO round 1.
Welterweight
Mounir Lazzez (TUN) bt Sasha Palatkinov (HKG) by TKO round 1.
Featherweight title bout
Romando Dy (PHI) v Lee Do-gyeom (KOR) by KO round 1.
COMPANY%20PROFILE%20
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Wayne Rooney's career
Everton (2002-2004)
- Appearances: 48
- Goals: 17
Manchester United (2004-2017)
- Appearances: 496
- Goals: 253
England (2003-)
- Appearances: 119
- Goals: 53
COMPANY%20PROFILE
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Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
Favourite photography style: Street photography
Favourite book: Harry Potter
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Company%20Profile
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Company%20Profile
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THE SPECS
Engine: 2.0-litre four-cylinder turbo
Transmission: eight-speed automatic
Power: 258hp at 5,000-6,500rpm
Torque: 400Nm from 1,550-4,400rpm
Fuel economy, combined: 6.4L/100km
Price, base: from D215,000 (Dh230,000 as tested)
On sale: now
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
COMPANY%20PROFILE%20
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