02.03.2026 21:15
The British company Gulf Keystone, which operates the Sheikhhan oil field in northern Iraq, has temporarily halted production due to increasing attacks in the region.
The UK-based Gulf Keystone company, which operates oil fields in the Sheikhhan region of the Iraqi Kurdistan Regional Government (IKBY) in northern Iraq, announced that it has temporarily halted oil production due to increasing attacks.
Production in the country's northern mega energy fields has been temporarily halted due to the ongoing conflicts between Iran, Israel, and the USA affecting Iraq as well.
OIL PRODUCTION HAS STOPPED
The UK-based Gulf Keystone company, which operates the Sheikhhan field, one of the significant oil fields in the Iraqi Kurdistan Regional Government (IKBY), announced that it has temporarily halted production. In a statement made by Gulf Keystone, it was stated, "The halt in production is a precautionary measure taken entirely for security purposes, and there has been no physical damage to the fields so far."
The statement emphasized that the decision was made to protect the safety of workers due to the escalation of conflicts in the region.
KORMOR GAS FIELD HAS ALSO BEEN CLOSED
The IKBY Ministry of Electricity and the Ministry of Natural Resources had announced that production at the Kormor Gas Field, the most critical energy facility in the region, has completely stopped. In a joint statement by the two ministries, it was noted that Dana Gas had suspended its operations in the region due to the "extraordinary security situation and conflicts."
With the halt in production, a significant gap has emerged in the electricity grid. According to ministry data, electricity production capacity has decreased between 2,500 and 3,000 megawatts due to the interruption of natural gas flow.