August 11, 2014 / 6:25 AM / 4 years ago

Petroceltic, Hess suspend Iraqi Kurdistan operations, evacuate staff

LONDON, Aug 11 (Reuters) - Independent oil and gas explorer Petroceltic and its partner Hess Middle East New Ventures have suspended operations in Iraqi Kurdistan and are evacuating non-essential staff, the Irish company said on Monday.

“It has been decided, as a precautionary measure, to temporarily secure and suspend operations, including the drilling of Shireen-1 exploration well in the Dinarta licence,” Petroceltic said in a statement.

The partners’ decision follows announcements on evacuations and suspensions of production from other oil companies active in the region as violence spreads with the advance of Islamic State militants. (Reporting by Karolin Schaps; editing by Keiron Henderson)

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