Development of local companies in kurdistan (final)

Development of Local Companies in Kurdistan

Rebaz Qaradaghi Business Development Manager

Kurdistan Oil & Gas Conference London, EnglandDecember 16, 2014

Overview

Company Overview Areas of Operations

Company Development Local Content & Development

Challenges Facing Local Companies

Company Overview

Founded in 2004, Kelkan is a locally owned and operated Oil services company, specializing in:

Oilfield Civil Works Camp Management and Catering Fabrication Life Support Services

Company Overview

Company Overview

Areas of Operation

S

E

Areas of Operation: With offices and

support basis in Erbil and Sulaymaniyah,Kelkan is able to provideservices across Iraqi Kurdistan

Company Development Registered in 2013 for Quality Management System

ISO 9001:2008 & started Implementation of (ISO 9001:2008) in 2013 - 14 and our final audit is in January 2015.

Audited Accounts fully for 2012, 2013 by Price Waterhouse Coopers (PWC) in August – December 2014 and will audit our 2014 accounts in February 2015.

Commitment to UN’s Global Compact charter since 2014.

Member of British Safety Council since early 2014. Installing GPS system- in all our vehicles, trucks, cranes

and other mobile assets for monitoring speed limits, driver performance, HSE requirements and productivity measurement

Our Quality Policy

The Quality Policy (QPo) of KELKAN is based on three basic concepts: (CIC)

Commitment to providing suitable quality of products and services to meet our clients' requirements and exceed their expectations.

Implementation and continual improvement of the Quality Management System according to the standard ISO 9001:2008, to ensure client satisfaction.

Compliance with local statutory and regulatory legislation in regards to our work.

Investment in Locally Available Resources

Employee Development -Various Trainings and workshops)

Community Involvement -Local Hiring Policy

Sub-contractor Support -HSE Training

Programs of Assistance -Various assistance to the communities (Contribution of up to $120,000 USD for charity in 2014 alone).

Challenges

Lack of skilled labor, mainly due to: Shortages of training facilities Non-challenging public sector jobs Language Barrier Lack of a Government program for new

University graduates and vocational schools graduates for acquiring skills and jobs in the oil and gas sector

Challenges

1 2 3 4 5 6 7 8 9 10Lowest Average Highest

0

2

4

6

8

10

12

14

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%34%

Skill Set in Kurdistan

Number of people voted Percentage

Challenges

Inefficient business practices Some local companies having

preference over others despite lack of technical and commercial qualification due to:• Social interactions and historical

connections• Local disputes and pressure (Local company

strikes, etc.)• Lack of access to financial markets.

Conclusion

Local Companies are key in development of the Oil and Gas industry in Kurdistan by: Assisting the IOC’s in infrastructure

development Local skill development Community involvement

Thank you for your time and enjoy the rest of the conference.

www.kelkan.com | [email protected]