Kurdistan oil promising for Genel Energy but diversification needed

Tony Hayward, CEO, Genel Energy International

Kurdistan is the “last easy oil province,” says ex-BP boss Tony Hayward. The country was embroiled in conflict for decades when the rest of the Middle East was being explored for oil, but today it has emerged as one of the world’s last on-shore prospects. The new CEO of Genel Energy discusses the company’s assets in the region, its $2bn balance sheet, and its plans to diversify.