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Latest News for GUKYF
Gulf Keystone Petroleum cuts costs, keeps Shaikan offline
Gulf Keystone Petroleum Limited (LSE:GKP) said it has cut monthly cash burn by almost 50% as it keeps the Shaikan Field offline following a precautionary shut-in earlier this year. The Kurdistan-focused oil producer said Shaikan has remained offline since 28 February 2026 due to the regional security environment, though the company said it is ready to restart production and exports immediately once safe to do so.
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