TTE Technical Institute has secured a new project with international energy and water company TAQA to provide technical training to Middle East based technicians.

A group of 13 technicians from TAQA’s Atrush Block oil production facility in the Kurdistan region of Iraq are spending three months in the UK at TTE’s fully-equipped training centre in Middlesbrough to develop practical engineering competencies to achieve internationally-recognised qualifications.

The project is also supporting TAQA’s development of women technicians in the Kurdistan region with one member of the group a female process technician.

Within the group are three technicians working towards Level Performing Engineering Operations (PEO) Level 2 in mechanical engineering and three technicians aiming to achieve the PEO Electrical & Instrumentation Level 2 standard.

The seven remaining technicians are working towards the Process Industry Operations Level 2 qualification. Once completed, all of the qualifications allow for continual development to achieve Level 3.

Working with TTE’s internationally-experienced trainers, the technicians will utilise the training centre’s industry-standard facilities and equipment undertaking a programme of practical, hands-on modules and assessments.

TTE has an established reputation for providing on-site skills and competency assessments for international companies such as TAQA, which is headquartered in Abu Dhabi operating in 11 countries across four continents.

This is one of the first significant contracts TTE has secured since it became a Technical Institute earlier this year.  Marking its 30th year in operation, becoming TTE Technical Institute supports its strategy to increase the export of its services to international markets.

Technical Institutes are globally-acknowledged as centres of vocational training, providing learners with skills, competencies and qualifications to enter or advance a career in industry, which is in keeping with TTE’s existing, comprehensive provision.

Contracts such as this also support the training of young people in the North East of England. As a charitable, not-for-profit social enterprise, TTE gift-aids the surplus revenues generated from its commercial training to support the funding of training for apprentices and young learners from schools and colleges in the North East.

Steve Grant, Managing Director of the TTE Technical Institute, said: “We are very proud to establish this new relationship with such a globally-recognised company as TAQA to support the development of its workforce.  This is the another group we have welcomed to TTE from Kurdistan, further extending the reach of the organisation into international markets.

“Exporting our expertise to areas of the world such as West Africa, the Middle East and Asia plays an important role in the training of young people in the North East through the gift-aiding of commercial surpluses into our charity. Increasing our presence in key international markets and securing important projects with companies such as TAQA will generate more opportunities for local young people.”

(Source: TTE)

ShaMaran Petroleum Corporation refers to the agreement announced on June 4, 2018 whereby the Company’s wholly owned subsidiary, General Exploration Partners, Inc. (“GEP”), agreed in a sale and purchase agreement (the “SPA”) with Marathon Oil KDV B.V. (“MOKDV”) ,a wholly owned subsidiary of Marathon Oil Corporation (“Marathon”), to acquire from MOKDV a further 15% working interest in the Atrush Block Production Sharing Contract in the Kurdistan Region of Iraq (“the Acquisition”).

The underlying agreements governing the development and operation of the Atrush block require that both the Minister of Natural Resources of the Kurdistan Governmental Authority (“MNR”) as well as TAQA Atrush BV (“TAQA”), the other owner of a participating interest in, and the operator of, the Atrush block, consent to the assignment of the participating interest from MOKDV to GEP. At the time, the MNR gave assurance of providing its consent to the assignment, however, TAQA unreasonably refused to provide its consent to the Acquisition.

As a result of TAQA’s unreasonable refusal to provide consent, Marathon re-issued an offer to acquire MOKDV, a corporate transaction which does not require TAQA consent, with the result being that the Company is now engaged in a new bidding process for the Marathon interest in the Atrush block. There is no assurance that any offer by the Company or GEP, if submitted, will result in the acquisition of the increased interest in the Atrush block.

In the meantime, the Company is reviewing all available options.

(Source: ShaMaran)

By John Lee.

The Abu Dhabi National Energy Company PJSC (TAQA) has confirmed that production from the Atrush Block in the Kurdistan Region of Iraq is expected to ramp up towards the 30,000-barrel-per-day project capacity (gross) in 2017.

Oil production at Atrush started in July.

TAQA is the operator of Atrush and has a 39.9% working interest in the Production Sharing Contract. The other co-venturers are the Kurdistan Regional Government (25%), General Explorations Partners, Inc. (a wholly owned subsidiary of ShaMaran Petroleum Corp) (20.1%), and Marathon Oil KDV B.V. (15%).

(Source: TAQA)

By John Lee.

The Abu Dhabi National Energy Company PJSC (TAQA) has started oil production at its Atrush Block in the Kurdistan region of Iraq.

Oil started flowing through the Atrush Central Processing Facility on 3rd July which has the capacity to handle up to 30,000 barrels of oil per day. The TAQA-operated Atrush Block is being developed with the Kurdistan Regional Government, ShaMaran and Marathon Oil.

Saeed Al Hajeri, TAQA Chairman, said:

“Starting operations at Atrush is an important milestone for TAQA, its partners and the Kurdistan Region of Iraq. Atrush production will bring long-term cash flows to TAQA and we look forward to operating the asset with a commitment to the highest standards of health, safety and environmental protection.” 

Saeed Al Dhaheri, acting Chief Operating Officer, TAQA added:

“This achievement recognizes TAQA’s experience and capabilities in developing and operating complex oil and gas assets utilizing our global expertise.”

The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan region of Iraq. It was discovered in 2011 and development started in 2013. Initial production is expected to ramp up to 30,000 barrels of oil equivalent per day in 2017.

AbdulKhaliq Al Ameri, TAQA’s Acting Project Director – Iraq, added:

“It is an exciting time for TAQA. Our dedicated team comprised of Kurdish, Emirati and international professionals have come together to deliver this outstanding achievement through their combined world-class knowledge and experience.”

TAQA is the operator of Atrush and has a 39.9% working interest in the Production Sharing Contract. The other co-venturers are the Kurdistan Regional Government (25%), General Explorations Partners, Inc. (a wholly owned subsidiary of ShaMaran Petroleum Corp) (20.1%), and Marathon Oil KDV B.V. (15%).

(Source: TAQA)

By John Lee.

Oil production at the Atrush block is expected to start “around late June to August“, according to a report from Rudaw.

The pipeline (pictured) from the oilfield, in Kurdistan’s Duhok governorate, is reported to be nearing completion, with initial production expected to be about 30,000 bpd.

The website of the Abu Dhabi National Energy Company (Taqa), which paid $600 million four years ago for an initial stake of just more than 53 percent in the project, states that it is estimated to have between 1.5 billion and 2.8 billion barrels of oil in place with recoverable oil columns of 670 million barrels.

(Source: Rudaw)

The Abu Dhabi National Energy Company PJSC (TAQA) has announced the appointment of AbdulKhaliq Al Ameri as acting project director TAQA Iraq with immediate effect.

Mr Al Ameri, previously deputy project director TAQA Iraq, will be responsible for the development of the Atrush block in the Kurdistan region of Iraq. He will report to Saeed Al Dhaheri, acting chief operating officer and will continue to be based in Abu Dhabi.

Saeed Al Dhaheri said:

As per our succession planning, AbdulKhaliq has successfully developed a strong track record while deputising for this role and become an integral member of the Iraq leadership team.

“He is excellently positioned to take on responsibility for the safe, efficient and environmentally responsible delivery of first oil and establishing the team for operating this asset thereafter.

AbdulKhaliq succeeds Craig Webster who will remain in Abu Dhabi for a few months to provide for an effective transition prior to assuming his new role with TAQA in Canada.

Mr Al Ameri, a UAE national, joined TAQA in 2012 and held the role of deputy project director TAQA Iraq since July 2015. Prior to joining TAQA, AbdulKhaliq held a number of reservoir engineering-related positions with Abu Dhabi Marine Operating Company (ADMA-OPCO), Abu Dhabi National Oil Company (ADNOC) and Mubadala Petroleum. He is a 1998 graduate of the University of Tulsa’s petroleum engineering programme.

(Source: TAQA)

ShaMaran Petroleum has announced its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars.

On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush, the Operator of the Atrush Block; General Exploration Partners (GEP), a wholly owned subsidiary of ShaMaran; Marathon Oil KDV (MOKDV); and the Kurdistan Regional Government (KRG); resulting in participating interests in the Atrush Block PSC of TAQA at 39.9%, the KRG at 25%, GEP at 20.1% and MOKDV at 15%.

In addition these agreements include the terms for repayment to the Non-Government Contractors for costs which they have agreed to pay for on behalf of the KRG, including those relating to the Feeder Pipeline.

Construction of the 30,000 bopd Atrush Phase 1 Production Facility (“Production Facility”) is complete and commissioning is in progress. The Atrush-2 (“AT-2”) and Atrush-4 (“AT-4”) wells were successfully completed in the second and third quarters of this year. All four wells intended for production are now completed, connected to the Production Facility and ready for start-up. Work on the pipeline being constructed between the Production Facility and the block boundary (the “Spur Pipeline”) is expected to be completed in the fourth quarter of 2016.

Work has now commenced on the final 35km section of pipeline which will run from the Atrush block boundary to the tie-in point on the main export pipeline (the “Feeder Pipeline”) and is subject to the terms of an Engineering, Procurement and Construction (“EPC”) contract between TAQA and KAR Company (“KAR”) which became effective on November 7, 2016.

The length and complexity of the commercial discussions associated with the EPC contract, the 4th PSC Amendment, and the Atrush Facilitation Agreement have brought the commencement of the Atrush Feeder Pipeline closer to the winter season which means there is an increased risk to the schedule. While completion in the first quarter of 2017 is still the target and a possibility, it is probable that first production from Atrush will be further delayed to the second quarter of 2017.

As a result the Company estimates that it will require approximately $20 million of additional funding which the Company expects will be made available by increasing GEP’s Super Senior Bond through facilities provided for in GEP’s April 2016 financing arrangement.

More information here.

(Source: ShaMaran)

By John Lee.

In its results for the first quarter of 2016, the Abu Dhabi National Energy Company PJSC (TAQA) has said that its Atrush oil project in Iraqi Kurdistan is expected to commence oil production this year with a maximum gross capacity of 30,000 barrels per day.

(Source: TAQA)

Canadian-based ShaMaran Petroleum and TAQA, the Abu Dhabi National Energy Company, are in dispute regarding the Atrush block in Iraqi Kurdistan.

In a statement to the markets on Monday, ShaMaran said that its wholly owned subsidiary, General Exploration Partners (GEP), has received a Default Notice from TAQA Atrush B.V., the Operator of the Atrush Block, claiming that GEP has failed to pay its full participating interest share of July and August cash calls pursuant to the Atrush Block Joint Operating Agreement (the “JOA”) between TAQA, GEP and Marathon Oil, the other non-operating Atrush partner which it says has also received a similar Default Notice from TAQA.

GEP and TAQA are in disagreement as to the correct interpretation of participating interest share of Atrush cash calls which are due and payable by GEP under the JOA and the Atrush Block Production Sharing Contract (the “PSC”). GEP has paid, and will continue to pay, all cash calls in full in accordance with its participating interest.

GEP intends to respond to the Default Notice by providing TAQA with a written Notice of Dispute in which GEP disputes that it is in default on the basis that it has paid in full its share of cash calls in accordance with the terms of the JOA, and that TAQA has breached certain contractual and equitable obligations under the JOA including implementing the terms of the PSC.

GEP will seek to recover all losses, costs, expenses, compensation and damages in law and equity caused directly or indirectly by TAQA’s breach of its contractual and equitable obligations as Operator and will also take all available and necessary interim measures to protect its interests under the JOA and the PSC.

The Atrush Block is operated by TAQA Atrush BV (“TAQA”) and is held 39.9% by TAQA, 20.1% by ShaMaran Petroleum Corp through its wholly owned subsidiary General Exploration Partners, Inc., 15% by Marathon Oil KDV B.V., (a wholly owned subsidiary of Marathon Oil Corporation (NYSE: MRO)), and 25% by the Kurdistan Regional Government of Iraq.

(Source: ShaMaran)

By John Lee.

ShaMaran Petroleum has announced the successful testing and completion of the Chiya Khere-8 (“CK-8″) development well in the Atrush Block in the Kurdistan Region of Iraq.

The CK-8 development well was drilled in the third quarter of 2014. The well was re-entered in July 2015 and two well tests (“DST”) using an electrical submersible pump were carried out.

DST#1 was conducted over a 24 metre interval in the Mus Formation. The interval tested at a final average oil rate of 4,200 bopd (barrels of oil per day) with no water cut and an oil gravity of approximately 24 degrees API.Production was limited by ESP capability. This is the first test of medium gravity oil from the Mus Formation.

DST#2 was conducted through 36 meters of perforations within a 60 metre interval in the Sargelu Formation. The interval tested at an average oil rate of 4,200 bopd with a small drawdown and had a maximum rate of 8,200 bopd. There was no water cut at the end of the test. Oil gravity was measured at approximately 26 degrees API.

At the end of the testing operations the CK-8 well was completed for production.

The Atrush Block is operated by TAQA Atrush BV (“TAQA”) and is held 39.9% by TAQA, 20.1% by ShaMaran Petroleum Corp through its wholly owned subsidiary General Exploration Partners, Inc., 15% by Marathon Oil KDV B.V., (a wholly owned subsidiary of Marathon Oil Corporation (NYSE: MRO)), and 25% by the Kurdistan Regional Government of Iraq.

(Source: ShaMaran)