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Production / Operations

ShaMaran Reports Incident at Sarsang Facility

By The Northwire Desk — AI Analysis Apr 01, 2026 · 06:13 SNM · 0.19 ShaMaran Petroleum Corp.
SNM · Price

Executive Summary

  • An explosion occurred at a storage facility in the Sarsang field operated by HKN Energy Ltd.; no injuries were reported and all personnel are accounted for.
  • ShaMaran’s operations at Sarsang are suspended, and production at the Atrush Block remains shut‑in as a precautionary measure.
  • The company is conducting a full assessment of the incident in coordination with local authorities and will provide further updates.

Key Details

  • Incident: Explosion at one of the storage facilities in the Sarang field (Kurdistan region, Iraq).
  • Personnel Safety: All staff accounted for; no injuries reported.
  • Operational Impact:
  • Sarsang Block operations suspended pending assessment.
  • Atrush Block production also shut‑in as a precaution.
  • Response Actions: HKN Energy Ltd. has initiated a comprehensive assessment and is working closely with local authorities and stakeholders.
  • Commitment: ShaMaran and HKN reaffirm commitment to safety and environmental responsibility; further updates will be issued as information becomes available.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Production / Operations