Photo: Courtesy/cwckiog.com. Dynasty Petroleum’s problems began when it refused to pay any illegal payments. It alleges, among others: ‘Conspiracy to injure Dynasty by unlawful means’, ‘Unlawful interference’, ‘Unlawful intimidation’, and ‘Inducement to breach contract’. Address: 30 m street, council of ministers, Erbil, Kurdistan Region, Iraq, Please fill in the form below to contact us, Council of Ministers44001 ErbilKurdistan RegionIraq. Please see the oil and gas services page for details of how to register in the Kurdistan Region and bid for services tenders. Need to Register? Norwegian company DNO, which has operations near Zakho, has hired some of the first petroleum department graduates from Zakho Technical Institute. Proposals should include a background history of your company, financial and technical capabilities, relevant experience, as well as the proposed idea which should make up the main body of the proposal. The Ministry of Natural Resources promotes an open-door policy and welcomes new ideas and technologies. Photo: Courtesy/cwckiog.com, Rampant corruption in oil-rich Iraqi Kurdistan. Environmental protection is safeguarded under three laws and documents in the Kurdistan Region: The Law of Environmental Protection and Improvement; the Oil and Gas Law; and the production-sharing contracts. The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. The Ministry is dedicated to the health and safety of the workers and citizens of the Kurdistan Region and throughout Iraq, and encourages the sustainable, long-term development of the country’s resources. As oil and gas is a new industry for the Kurdistan Region, the ministry understands that to develop into a major independent producer, foreign knowledge, and expertise as well as local craftsmanship and input are key elements. Laws. 1 on the Environmental Impact Assessment of Petroleum Operations were promulgated by publication in the Kurdistan Gazette (Waqai'iKurdistan). We therefore expect full compliance with them.As many will be aware, the EIA Instructions were the subject of a public consultation process and were released in draft form before and after the consultation. Read more in this article (PDF) by Dr Hallo Askari, the Head of the Department of Health, Safety and Environment. How to register as an oil services provider in the Kurdistan Region? one of the most exciting and active oil and gas industries in the world. “Originally when he was appointed [as Minister of Natural Resources in 2006], this 20 to 30 per cent was passed off as ‘going to an account that would be used for the benefit of the Kurdish people’ but this pretence seems to have been dropped now,” he added. Ekurd.net is able to offer advertisers an unmatched, high-quality audience worldwide. The Arabic version can also be found in the Kurdistan Gazette (Waqai'i Kurdistan).Click here for the official Arabic version of the EIA Instructions.Click here for an English translation of the EIA Instructions.Click here for the EIA Guidelines. This lawsuit was filed on 14 August at the U.K. Royal Courts of Justice (specifically, The High Court of Justice, Queen’s Bench Division, Commercial Court) by the Dynasty Company for Oil & Gas Trading Limited (Dynasty Petroleum). Proposals for upstream and downstream can be submitted to us via our contact page. - Through such activities, the HSED will help secure the responsible development of hydrocarbons resources in order to achieve sustainable prosperity for the Kurdistan Region. The Ministry of Natural Resources supervises oil and gas operations, and sets government policy concerning exploration, extraction, follow-up, planning, auditing, marketing and other related activities. When Dynasty Petroleum refused to pay, not only was the change of control of consent not waved through as would be the norm but – according to the ‘Particulars of Claim’ report on outlining this case to the Royal Courts of Justice and obtained by OilPrice.com – a systematic campaign of harassment and intimidation against key figures in Dynasty Petroleum began. However, in a tweet on Monday, the Kurdistan Region’s MNR dispelled the rumors of a halt in production, adding “oil is still flowing through the export pipeline [in Kirkuk].” The MNR had previously agreed not to let the escalating situation in Kirkuk affect the oil output. Kurdistan Regional Government | Ministry of Natural Resources Ministry of Natural Resources The Ministry of Natural Resources supervises oil and gas operations, and sets government policy concerning exploration, extraction, follow-up, planning, … permission of the copyright holder. This website uses cookies to enhance your browsing experience. Under the production sharing contracts, the companies are mandated to contribute to an environment fund every year. Council of Ministers44001 ErbilKurdistan RegionIraq. Proposals should include a background history of your company, financial and technical capabilities, relevant experience, as well as the proposed idea which should make up the main body of your submission. 16 talking about this. This website uses cookies to enhance your browsing experience. Ashti Hawrami, assistant prime minister of Iraqi Kurdistan for energy affairs. The Guidelines contain additional guidance and information on the requirements in the Instructions.The EIA Instructions (the official Arabic version and an English translation) and the Guidelines are available now. We have made available to read a model production sharing contract, as well as the production sharing contracts that the KRG has signed with exploration and production companies. The Ministry is dedicated to the health and safety of the workers and citizens of the Kurdistan Region and throughout Iraq, and encourages the sustainable, long-term development of the country’s resources. Accordingly, the Instructions now have full legal force and have been effective since 2 April 2015. Although the case unusually seeks to indict Hawrami personally, OilPrice.com understands from a separate anonymous source that the allegations made by Dynasty Petroleum are entirely in line with the standard modus operandi Hawrami has employed since he first became the Minister of Natural Resources in 2006. According to various independent studies, the Topkhana and Kurdamir sites together have estimated contingent (2C) initially in place resources of 2.6 billion barrels of light, low sulphur oil and a condensate rich gas cap of 7.2 trillion cubic feet of low CO2 and H2S gas. DOING BUSINESS IN KURDISTAN REGION Print Email; The Ministry of Natural Resources promotes an open door policy and welcomes new ideas and technologies. All rights reserved. “There should have been no problems at all, in theory, as, according to the KRG’s PSC’s Article 39.7 a change of control consent cannot unreasonably be withheld or delayed by the government,” he added. Menu. The Ministry of Natural Resources supervises oil and gas operations, and sets government policy concerning exploration, extraction, follow-up, planning, auditing, marketing and other related activities. Companies working in the Kurdistan Region are helping to build local expertise in different ways. There are three major steps to setting up your company within the Region, and becoming a part of. Law of MNR. The oil and gas services sector are seeing major growth as both foreign and local services providers ramp up their activities in Kurdistan. This website uses cookies to enhance your browsing experience. Its activities are aimed at protecting the Region’s environment (including its biodiversity, wild habitat and water resources) and promoting safe and environmentally sound practices in the industries regulated by the ministry, while encouraging the optimal exploitation of the Kurdistan’s natural resources. Bid for Projects Register as an approved vendor and receive invitations to bid on oil and gas projects from international oil companies and the Ministry, directly via the portal. Contact the MNR Registration Team to provide you with a recommended list of local lawyers. “After extensive due diligence had been done, and all of the legal aspects agreed, both the purchaser [Dynasty Petroleum] and the seller [Repsol] were absolutely happy to proceed with this deal, which involved many millions of dollars in payment being agreed from purchaser to seller, and all it required was for the relevant administrative powers in the KRG to sign off a standard change of control consent transaction form but it was at this point that the trouble started,” an anonymous source told OilPrice.com last week. He is former Iraqi Kurdistan Minister of Natural Resources (MNR), 2016. When Ali declined to do so, Talabani responded that they (implying the KRG and Hawrami) would not let Ali set foot in Kurdistan again if he did not cancel the SPA.
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