Genel signed its first PSC in the Kurdistan Region of Iraq in 2002, the first company to do so. Genel has now invested $3.5 billion in the region, supporting thousands of jobs and making a material social and economic contribution. We marked 20 years in the KRI through an increase in the scope of our social activities under the Genel20 banner.

The largest initiative announced was the Genel20 Scholars programme, which is set to provide the opportunity for disadvantaged students to have a life-enhancing education.