About this event
The Kurdistan region has emerged as one of the most stable and successful areas of Iraq. Since 2007 the majority of project activity in Iraq has taken place in Kurdistan, which has a more settled regulatory environment. Over 50 production sharing contracts have been signed since the region established its own hydrocarbon law in 2007 and early exploration has yielded several large hydrocarbon finds, which are now moving into early production phases.
Kurdistan’s economy is growing rapidly and GDP growth during 2011 was high at 7%. Kurdistan has a strong financial climate and its share of total commercial investment in Iraq nearly tripled between 2010 and 2011, as the value of deals rose from $2.9 billion in 2010 to $8.1 billion in 2011. Oil production est 250,000 by end of 2013 / By end of 2015, aim to produce 1m bpd / By end of 2019, aim to produce 2m bpd.
Some of the companies already operating in Kurdistan:-
Chevron, Gulf Keystone, ExxonMobil, Total, Gazprom, Genel Energy, Marathon etc.
There are outstanding opportunities in Kurdistan for contractors and oil service companies!SPEAKERS:Presentation by Bayan Rahman, High Representation to the UK, Kurdistan Regional Government - Overview of region
Presentation by Chris Bowers, Former British Consul General to Kurdistan
Presentation by
Danny Dougramachi, Managing Director, Federal Petroleum ServicesPresentation by Botan Osman, Country Director, Stirling Group
Presentation by Stephen Nicola, Sector Analyst, The EIC - Kurdistan Energy Projects
COSTMember Ticket Cost - £54.00 inc VAT
PROGRAMME10.30 - 10.55 Registration
10.55 - 11.00 Introduction by The EIC Regional Manager
11.00 - 11.15 Presentation by Bayan Rahman, High Representative to the UK, Kurdistan Regional Government - Overview of region
11.15 - 11.30 Presentation by Danny Dougramachi, Managing Director, Federal Petroleum Services,
Operating in Kurdistan – Lessons learnt
11.30 - 11.45 Presentation by Chris Bowers, former British Consul General to Kurdistan
11.45 - 12.00
Presentation by Botan Osman, Country Director, Stirling Group Ltd
12.00 - 12.15 Presentation Stephen Nicola, Sector Analyst, The EIC - Kurdistan Energy Projects
12.15 - 12.30 Open Forum / Question & Answer Session (All speakers)
12.30 - 13.15 Networking Lunch
13.15 Close