KEY PROJECTS


Bin Omar Development Project (BOD)

Project Phases:

  • Phase I: the construction and operation on BOOT basis of:
    • three stages raw gas gathering and compression facility
    • 150 MMSCFD gas processing facilities
    • Gaseous and liquid hydrocarbons storage tanks
    • export terminal at Um Qasr seaport
    • pipelines for gas and liquid hydrocarbons connecting the gathering facility to the gas processing facility, and the gas processing facility to the existing gas network and to the export terminal.
  • Phase II: includes:
    • the construction of an additional 150 MMSCFD gas processing facility
    • the construction of an additional raw gas gathering and compression facility
    • the upstream development of the Bin Omar oilfield to increase the production

The project is being developed by Halfaya Gas Company Ltd. (HGC), a special purpose project company owned by RASEP, pursuant to a 15 years’ BOOT contract with South Gas Company (a subsidiary of the Iraqi Ministry of Oil).

Maisan Combined Cycle Power Plant (MCCPP)

  • The construction and operation, on BOO basis, of 960 MW combined cycle power plant in Maisan Governorate, Iraq.
  • The project was developed by Maisan Power Company Ltd. (MPC), a special purpose project company owned by RASEP, pursuant to a 17.5 years’ long-term power purchase contract (PPC) executed with the Iraqi Ministry of Electricity.
  • The construction of the project started in 2019, and since June 2022, MCCPP has been in commercial operation generating electrical power to the Iraqi national grid.

Amara Combined Cycle Power Plant (ACCPP)

  • The conversion of the existing 500 MW simple cycle power plant (located in Maisan Governorate, Iraq) into a 750 MW combined cycle power plant by adding (x2) steam turbine units with incremental electrical power of 250 MW.
  • The project was developed by Amara Power Company Ltd. (APC), a special purpose project company owned by RASEP, pursuant to a 15 years’ long-term power purchase contract (PPC) executed with the Iraqi Ministry of Electricity.
  • The construction of the project started in 2019, and since June 2023, the steam turbine units have been in commercial operation generating an additional 250 MW to the Iraqi national grid.

Buzurgan Pipeline Project (BPL)

  • In May 2022, RASEP has entered into a contract with the Oil Pipeline Company (a subsidiary of the Iraqi Oil Ministry) for the engineering, procurement, construction and commissioning – on a turn-key basis – of:
    • 70 MMSCFD gas compression unit (GCU) in Buzurgan oilfield
    • 220 MMSCFD gas treatment unit (GTU) in Halfaya oilfield for the sweetening, dehydration and dew point control of sour gas
    • 18” (70 km) sour gas pipeline connecting the GCU and GTU
  • The objective of the project is to gather and process the sour gas from Buzurgan and Halfaya oilfields for the utilization in the power generation sector.
  • The project is fast-track with a challenging execution timeline of 15 months.

Raban Al-Safina Gas Turbine repair shop

  • An integrated repair shop for the maintenance of the gas turbine capital spare parts. The repair shop is being constructed and operated in collaboration and partnership with a leading international company.
  • The workshop is the first of its kind in Iraq and contributes to the transfer of know-how and expertise from a reputable international company, as well as contributing to improving the electrical power generation by shortening the maintenance cycle and reducing costs.

Fuel Treatment

  • Utilizing leading fuel treatment technologies for the purpose of increasing fuel burning and operating efficiency of Al-Zubaidiya Power Plant in Wasit Governorate, Iraq; by reducing the fuel consumption and reducing maintenance periods, and accordingly increasing the plant’s availability and power generation.
  • Utilizing leading fuel treatment technologies for the purpose of inhibiting the sour gas effects on Maisan and Amara power plants in Maisan Governorate, Iraq; by capturing and neutralizing the sour content in the flue gases exiting the gas turbines before entering into the heat recovery systems.

SUBSIDIARIES