STAVANGER, Norway, Aug 26 (Reuters): The recent flare-up of violence in Iraq is past its worst and Kuwait Energy is keen to invest more in the country because of its potential, Chief Executive Sara Akbar said on Tuesday.
Several oil companies in Iraq's Kurdistan region withdrew staff earlier this month after Islamic State militants approached Arbil, the region's capital, threatening its vast oil infrastructure.
"I think we've been through the worst and things will stabilise," Akbar told the news agency on the sidelines of an oil conference in Norway.
"Most of the developments in Iraq are on plan, especially in the south, where most of the international oil companies are still working, with field developments and exports going normal," said Akbar, whose firm operates in the southern part of the country and has been mostly unaffected.
Kurdish forces, assisted by US air strikes, have pushed back Islamic State fighters in recent weeks but some firms have not returned to the country.
Kuwait Energy eager to \\\'invest more in Iraq\\\'
FE Team | Published: August 27, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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