Marathon Oil completes Kurdistan divestiture

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 03 June 2019 09:00

Marathon Oil Corp. has announced it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan, where 1Q19 production averaged 2400 net boe/d (100% oil). As previously disclosed, this divestiture represents a complete country exit for Marathon Oil.

Including this transaction and the recently announced agreement to divest of its UK business, Marathon Oil will have exited from 10 countries since 2013.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/03062019/marathon-oil-completes-kurdistan-divestiture/

DNV: UK energy transition falling short due to lack of ‘whole system’ thinking

Thursday 05 March 2026 09:28

UK remains global decarbonisation frontrunner but will miss 2030 clean power target, 2035 Nationally Determined Contribution (NDC) and legally binding 2050 net zero goal, according to a new report from DNV.

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