In a bid to encourage firms to develop a presence in the Middle Eastern state of Iraq, Upper Quartile, in partnership with Aberdeen City Council’s International Trade and Investment team, held a seminar yesterday in Aberdeen, attracting representatives from around 20 oil and gas service companies interested in the investment opportunities available in Iraq.
Over the afternoon, presentations were given by Blue Hackle, a security firm who offer specialist risk mitigation and management services, and operate in Iraq; and KCA Deutag, a drilling company who already have operations employing some 65 staff in Iraq, and Upper Quartile.
After the presentations, delegates entered into discussion on their own experiences of the country, and the problems they had encountered with obtaining visas and payments for work done.
In order to address these problems, it was agreed that a small forum be set up, which would bring together companies currently doing or wishing to do business in Iraq, for dinner and informal discussion every quarter.
Another Opportunity Iraq Seminar will be held on January 26th. Should you wish to attend, please register your interest here.
For further information please contact Siobhan Young.