$SNM.OL

2 stories mentioning SNM.OLUpdated 1d ago

Every FINWIRES story that references SNM.OL, newest first.

ShaMaran Petroleum Shuts Operations at Iraqi Fields Amid Regional Tensions

ShaMaran Petroleum (SNM.OL, SNM.ST) said Monday that production and pipeline exports at the Atrush and Sarsang fields in the Kurdistan region of Iraq were temporarily suspended due to the regional security situation.The Iraq-focused oil and gas company added that it is closely monitoring developments in the region alongside its joint venture partners, with production to resume once they determine it is safe to do so.

$SNM.OL$SNM.ST

Equities7d ago

ShaMaran Petroleum Reports Rise in Oil Production as Two Blocks in Iraq Restart Operations

ShaMaran Petroleum (SNM.OL, SNM.ST) said Monday its production and pipeline exports increased gradually after operations restarted at the Atrush and Sarsang blocks in Iraq amid security concerns in the Middle East.The Iraq-focused oil and gas company expects production at both blocks to increase further in the coming weeks, with the Atrush block expected to soon hit 40,000 barrels of oil per day, compared with the current production rate of 37,000 bopd.The company said field damage assessment is ongoing on the Sarsang block, which is currently producing 7,000 bopd. It added that the operator is considering various solutions to achieve full capacity at the block, while monitoring continues on the security situation in the region.

$SNM.OL$SNM.ST

Track with the FINWIRES app suite

FolioX

Track SNM.OL in your portfolio

WheelAI

Analyze SNM.OL options with the wheel strategy

StockInsider

See market sentiment on SNM.OL