The story
Genel Energy signed its first production sharing contract, as a private company, for the Taqtaq Oil Field in the town of Taqtaq in the Kurdistan Region of Iraq in 2002, and from then on expanded its footprint in the region, notably adding an interest in the Tawke production sharing contract in 2009. In 2011, Genel Energy plc was listed on the London Stock Exchange as a result of a merger with the investment vehicle Vallares Plc.
In 2012, Genel established its presence in Africa through acquisition of interests in Somaliland. Genel extended its global footprint in March 2025 by signing agreements to enter into an Exploration and Production Sharing Agreement for Block 54 in the Sultanate of Oman, with a 40% working interest, as non-operator.
From Wikipedia’s article on Genel Energy, shared under CC BY-SA 4.0.5
