DRAKKEN AWARDED MAJOR INTEGRATION CONTRACT IN IRAQ

July 04, 2012

Drakken is pleased to announce that it has been awarded a fully integrated engineering, procurement, construction management, and commissioning contract by a major multi-national oil producer in northern Iraq.  The contract, currently underway, is destined for installation some 60km east of Erbil, Iraq.  The project is expected to run through Q4 of 2012.

The contract includes a green field oil production facility, complete with an export truck-loading terminal, and considerations for a phase-2 second train.  The Drakken team, based in Dubai UAE, is controlling aspects of engineering, site construction in Iraq, and procurement and expediting activities around the globe.

“This contract will demonstrate our proven ability to integrate complex projects within a fast track early production framework,” said Ryan Arsenault, Director for Drakken.  Project Manager Ben Watts commented: “This project is being executed out of the newly opened Dubai facility, and will further bolster Drakken as a premiere integrator and project management firm in the region.”  

In addition to engineering and construction management, Drakken' scope of supply will include the facility automation system, all fire and gas detection equipment, process instrumentation, electrical power distribution, and required field construction material.  Drakken will also manage the field construction for this scope of work, providing the necessary manpower to complete the installation.

Mr. Watts, an engineering technologist registered with ASET, and PMP certified project manager, has managed major projects domestically and abroad with successful project experience in Canada, Iraq, USA, Thailand and Mexico.

About the Field.

The block lies in the northern extension of a prolific oil and gas belt and is very close to an established super giant oil field. A drill stem test has verified the 30km by 10km surface anticline, suspected to be an oil reservoir, within the formation. The anticipated 5,000 BOPD for phase 1 installations will be exported by truck transport to the nearest tie in point to a pipeline or facility.

About Drakken.

Drakken is a leading provider of fully integrated project and construction management services to the worlds' energy producers. Drakken focuses on turnkey project execution to deliver power generation and distribution, electrical and instrumentation, and industrial automation services.

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