Gulf Keystone Petroleum Ltd. (GUKYF)

Overview

Gulf Keystone Petroleum Limited is a prominent company specializing in the exploration, development, and production of oil and gas, primarily located in the Kurdistan Region of Iraq. Founded in 2001 and headquartered in Hamilton, Bermuda, the company has carved a niche for itself in the energy sector. It is best known for operating the Shaikan field, which is a significant oil field covering an area of approximately 280 square kilometers, situated north-west of Erbil. The strategic focus on this region underlines the company's commitment to exploiting the rich oil reserves located there, positioning it as a key player in the energy market in Iraq.

Products and Services

• Oil and Gas Exploration: Gulf Keystone Petroleum Limited employs a range of advanced geological and geophysical techniques to identify and evaluate potential oil and gas reserves. This foundational service lays the groundwork for all subsequent extraction and production activities.
• Development and Production: Following successful exploration, the company focuses on the development and production phases. This involves the construction of necessary infrastructure, drilling, and ultimately, the extraction of oil and gas. The Shaikan field, as their primary asset, exemplifies their capabilities in efficiently managing large-scale production operations.
• Management and Support Services: In addition to its core activities, Gulf Keystone offers comprehensive management and support services. This includes everything from project management to logistical support, ensuring that each phase of exploration, development, and production is executed efficiently and effectively.
• Engineering Services: The company also provides a wide range of engineering services, covering various aspects of oil and gas production. These services are critical for maintaining high safety and operational standards throughout the lifespan of their projects.