Continuous growth and value creation Erbil, 2 December 2013
Key messages 2 Operators task is to deliver success and contribute to the economic development of the Kurdistan Region of Iraq
Constant evolution 3 Shaikan Field Regional export pipeline Development Plan Shaikan commercial infrastructure approved production commenced development Corporate social Consolidation of the 350- responsibility objectives…
World class assets 4 5 discoveries: Shaikan, Sheikh Adi, Bijell, Bakrman, Ber Bahr Share of estimated 19 billion barrels of gross oil-in-place 20 wells drilled in 4 years across 4 blocks Shaikan is a major oilfield with 40,000…
Shaikan phased development plan 6 Phased development approved in June 2013 MNR-agreed production milestones 40,000 bopd in the near term Increasing to 100,000 bopd during Phase 1, mainly from the Jurassic Phase 2+ will target…
First production facility complete 7 Shaikan PF-1 Complete, commissioned, in operation Commercial production commenced on 24 July 2013 Production capacity of 20,000 bopd Export quality crude using gas stripping PF-1…
Second production facility nearing completion 8 Shaikan PF-2 Modular design similar to PF-1 Efficiency savings in design and installation Production capacity of additional 20,000 bopd Located 15 km from the export pipeline to…
Corporate social responsibility 9 Focus on relationships ibetween operator and community Our CSR teams task is to listen, engage and deliver on the ground
Shared oibjectives 10 Objectives shared with CSR team in place in Work progressing of Shaikan and Sheikh Adi Erbil and on the ground the long-term CSR plan communities Focus on training and 75% of the workforce are 1.5…
Employment and investment 11 employees vendors 75% of Gulf Keystone employees are citizens of Wherever possible, outsourced contracts are Kurdistan. Kurdistan nationals who meet the awarded to local companies. advertised criteria for…
Corporate social responsibility team 12 Meet the team Constant dialogue Country Manager In November 2013, Gulf Keystone was presented with Country Government Relations Manager a Certificate of Thanks and Appreciation by the…
Key relationships 13 Malkyshan school, Shaikan Atrush youth centre, Shaikan Refurbishment was fully funded by Gulf Keystone Atrush Youth Centre was furnished with computers and was completed in November 2013, and sport equipment. A…
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