Exploration & production (E&P)
SPEC Energy DMCC | SPEC EPCC Ltd. | SPEC Iraq
Strategy & Ambition
SPEC’s ambition is to leverage its engineering, process, and fabrication expertise in the Operated O&G arena.
SPEC has participated in several international license rounds and M&A bidding processes in Romania, Tunisia, Pakistan, Sudan, and Yemen and evaluated several opportunities in former CIS.
SPEC looks primarily for existing fields where it believes it can leverage its engineering and facilities expertise to enhance production and resource utilization (i.e. flared gas, condensate, and LPG).
It seeks near-field exploration opportunities in challenging environments where its experience and network enables it to move rapidly in evaluating and exploiting lower-risk prospectively.
Geographical areas of
Management Experience
Management experience across the globe: French Guyana, Canada, Pakistan, Bangladesh, Kenya, Gabon, India, Ghana, Romania, Serbia, Hungary, Algeria, and Tunisia.
The Exploration and Production management team have decades of worldwide experience, acquired with large multinational companies, medium rapidly expanding stock listed companies, and private entrepreneurial companies.
Proven Capability in Acquiring & Expanding
E&P Portfolios
Capability to pull together bidding groups including the majors.
Connections and respect for management across the E&P sector in small, medium and multinational size companies, which can be critical across the life-cycle of E&P, particularly in the phased development of significant discoveries.
The management team has demonstrated the ability in forming Joint Ventures with many other E&P companies and in sharing risk and attracting financing.
Proving experts in the industry, SPEC offers its services for the search and extraction of oil and gas as a cohesive part of its vertically integrated solutions.
It provides extensive experience in the operation and maintenance of production facilities such as the following notable clients & experiences:
HASEEB GAS FIELD (Pakistan)
30 MMSCFD SourGas Facility O/M from 2009-2012
UMUTU FIELD (Nigeria)
30 MMSCFD with recovered LPG 100 ton/day O/M from 2016-Present
AIN SIFNI SIMRIT FIELD (Iraq)
10,000 BPD of blended light crude 4500 BPD and 5500 BPD Heavy Crude (16 API) O/M from 2016-207
