Genel Energy plc

Genel Energy plc is a publicly listed exploration and production company focused on oil and gas, primarily operating in the Kurdistan Region of Iraq since 2002. The company holds a 25% working interest in the Tawke production sharing contract, contributing to low-cost, low-carbon production that has been integral to the region's oil industry development, alongside exploration assets in Somaliland, Morocco, and a recent entry into Oman's Block 54 with a 40% non-operated interest in 2025. Genel Energy plc maintains two main segments: production from fields like Tawke and Taq Taq, selling predominantly to the Kurdistan Regional Government, and pre-production exploration activities. Notable for its long-term presence, the company has achieved milestones such as first oil from various fields, gas injection projects reducing CO2e emissions by 2.3 million tonnes in 2024, and community initiatives like mobile medical clinics and the Genel20 Scholars programme. With offices in London, Istanbul, Erbil, and Hargeisa, and a registered office in Jersey, Genel Energy plc plays a key role in frontier oil markets, balancing production resilience with growth-oriented exploration.