Alkam Energy has developed considerable experience and expertise in all aspects of Hydrocarbon Field development both offshore and onshore. This experience has been built up over 45 years of developing the complex offshore Mubarek Field in the UAE and the Onshore Khor Mor and Chemchemal Fields in Kurdistan Region of Iraq.

Alkam Energy has successfully taken these fields through the traditional field lifecycle on a fast track development, utilizing best international petroleum practices at record speed and reasonable cost. This experience has been complemented by exploration and drilling operations conducted in other regions of the globe.

We are also experienced in all aspects of the management and operation of structurally complex high pressure, deep carbonate reservoirs through the successful operation of the Mubarek Field. Drilling in the Mubarek Field was challenging because of the incidence of a thick plastic salt layer, fracturing, high-pressure water flows and a complex sequence of over-pressured and under-pressured formations. Alkam Group held the world record in the early 1990s for drilling the world's deepest short radius horizontal well and the deepest slim hole to be cased by expandable casing. We also set a regional operational record in completing the complex Mubarek K2 well, with a highly challenging programme involving horizontal drilling combined with coiled tubing technology and a complex completion matrix at great depths.

We also takes pride in our reputation for agility, operational excellence and ability to bring fields on-stream in record time, while diligently maintaining strict cost efficiency. The Mubarek Field discovery wildcat was drilled in 1972, with field development being put on fast track mode and completed in a record period of 13 months from the discovery confirmation well, to full production at a rate of over 60,000 bopd,. This set a world record for the time of the time taken to bring an offshore field on-stream from first discovery.

In the Kurdistan Region of Iraq, Alkam along with its affiliate Dana Gas, entered into Strategic Alliance Protocol with Kurdistan Regional Government in 2007 to appraise, develop, process, market and sell petroleum from the Khor Mor and Chemchemal Gas Fields. The first phase was to provide natural gas supplies to fuel two major domestic electric power generation plants being built in Erbil and Chemchemal, as well as for local industries and export. First Gas production from Kor Mor and delivery to two local power stations commenced in October 2008, 18 months after contract signature in April 2007. The current production at Khor Mor is approximately 320 MMSCFD of sales gas (delivered to the two power stations), 14,000 barrels per day of condensate and 1,000 Tons per day of LPG. A 180km pipeline was also built through a harsh and mountainous environment, littered with land mines in the Chemchemal to Erbil section with serious security and logistics challenges and an inexperienced local workforce. A benchmarking study conducted by independent industry analysts found that this project outperformed similar projects in Iraq by approximately 25% in terms of costs. The fact that project completion was achieved at a lower cost, is a significant achievement as per the study. These achievements were primarily a result of Alkam’s ability to mitigate technical and commercial risks and its flexible approach to project management and fast-track scheduling. Construction of the Khor Mor pipeline was the first major petroleum project by a private company to be undertaken in Iraq since the Gulf War, which further highlights Alkam’s pioneering spirit and resilience to excel in adverse conditions.

A particular area of focus for the long-term growth of Alkam Energy’s business is the development, marketing and utilization of natural gas assets in the region.

At a time during mid 90’s when natural gas was widely understood as an undesirable byproduct of oil production, Alkam Group took a contrary long-view of the regional market and invested its resources accordingly, pioneering a number of initiatives that inevitably placed us at the forefront of the region’s integrated long-term gas projects. From upstream, through midstream, distribution and transportation and even into downstream gas processing and facilitating gas based industries, we as a local regional company have sought to realize the maximum added-value of locally-produced gas, as opposed to focusing just on exports as many IOCs with little incentive to develop the local economy tend to do.

In 1995, Alkam Energy arranged the first ever commercial, inter-emirate onshore gas supply contract in Sharjah for the UAE Federal Ministry of Electricity and Water and established the first offshore inter-emirate gas supply and sales agreement between Sharjah and Dubai by building a dedicated 92 km offshore pipeline and associated central gas processing facility from its Mubarek Field in Sharjah to land at Jebel Ali in Dubai. Today, with the new paradigm shift in oil prices, the gas business in the Arabian Gulf is set on a rapid and important growth path, providing a booming market for the gas supplies necessary to fuel power plants, and the rapidly growing sector variety of gas-related industries. Alkam Energy's pioneering role in the gas market has led to the formation of a gas marketing company under the name of Alkam National Gas Corporation (ANGC). ANGC’s operations involve: