Genel Energy
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Genel Energy plc is an oil company with a registered office in
Jersey Jersey ( , ; nrf, Jèrri, label=Jèrriais ), officially the Bailiwick of Jersey (french: Bailliage de Jersey, links=no; Jèrriais: ), is an island country and self-governing Crown Dependencies, Crown Dependency near the coast of north-west F ...
and field office in
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...
. The company is listed at the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. It has its exploration and production operations in Northern Iraq with plans to expand its activities into other Middle East and North African countries. The company owns rights in six production sharing contracts, including interests in the Taq Taq, Tawke, and Chia Surkh fields. Genel Energy was created in 2011 as a result of the reverse acquisition of Turkish Genel Enerji by
Tony Hayward Anthony Bryan Hayward (born 21 May 1957) is a British businessman and former chief executive of oil and energy company BP. He replaced John Browne, Baron Browne of Madingley, on 1 May 2007. His tenure ended on 1 October 2010 when he was replace ...
-led investment company Vallares. Vallares was set up by Tony Hayward, financier Nat Rothschild and banker Julian Metherell. Genel Enerji was controlled by
Mehmet Emin Karamehmet Mehmet Emin Karamehmet (born 1 April 1944) is the chairman of Turkey's Çukurova Holding conglomerate. He was ranked the 2nd wealthiest person in Turkey and the 401st globally in 2012 Forbes Billionaires list.Forbes- Mehmet Emin Karamehmet/ref> ...
through
Çukurova Group Çukurova () or the Cilician Plain (''Cilicia Pedias'' in antiquity), is a large fertile plain in the Cilicia region of southern Turkey. The plain covers the easternmost areas of Mersin Province, southern and central Adana Province, western Osman ...
(56%) and Mehmet Sepil's family (44%). In 2009, Genel Enerji planned to merge with
Heritage Oil Heritage Oil is an independent Jersey-based oil and gas exploration and production company. Its activities are focused on Africa, the Middle East and Russia. In June 2014, the company was acquired by a fund owned by the former chief executive of Q ...
; the deal subsequently collapsed.


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* {{Rothschilds Oil and gas companies of the United Kingdom Oil and gas companies of Turkey Economy of Kurdistan Region (Iraq)