Oil companies in the Kurdistan Region have temporarily halted production at three oil fields amid escalating security concerns and the potential for rising tensions.

Since Saturday, when the United States and Israel launched a joint operation against Iran, security has become a primary concern for oil companies. Several locations, including Erbil International Airport, the U.S. Consulate, Hariri Air Base, and other sites in the Kurdistan Region, have been targeted amidst recent developments.

ShaMaran Temporarily Stops Oil Output Over Security Risks

Canadian-based ShaMaran Petroleum Corp., operating the Atrush and Sarsang oil fields, located in Duhok province,  in partnership with HKN Energy, announced on Monday that it has been instructed to halt oil production temporarily due to the worsening security situation.

The company emphasized that the decision was made solely out of caution, with no physical damage reported to the facilities.

Gulf Keystone Pauses Shaikan Field Operations

Similarly, Gulf Keystone, the parent company of the Erbil’s Shaikan oil field, declared yesterday that it has suspended operations at the field, citing regional security concerns.

The company reassured that no damage had occurred to the infrastructure and highlighted that the suspension is a protective measure for its personnel.

Khor Mor Halt Raises Kurdistan Power Concerns

This development follows Dana Gas's suspension of operations at the Khor Mor natural gas field in Chamchamal, Sulaymaniyah, earlier this week.

The ongoing disruptions have raised serious concerns regarding the stability of the electricity sector in the Kurdistan Region and have resulted in a reduction of the 24-hour electricity supply to citizens.