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Äager, a worldwide specialist in engineering, construction and manufacturing for oil, gas, water, chemical and petrochemical industries is pleased to announce that Äager has been enlisted as an approved supplier/contractor by the Northern Iraqi Regional Government Ministry of Natural Resources in Erbil, Iraq. As an official party, Äager is now qualified to participate in international and local tenders.

Äager manufactures storage tank equipment, such as flame arresters, breather valves, gauge hatches, floating roofs, and floating suction pipe. Äager also provides many other products for energy industry including pressure vessels, storage and process tanks and firefighting systems.

Oktay Altunergil, CEO of Äager commented: “The approval of Äager will allow us to focus on emerging growth opportunities in Northern Iraqi Region. Äager has a proven track report of successful execution of projects for the leading oil and gas companies such as Shell, BP, Schlumberger and Petrofac, and I am very confident of Äager’s successful growth in the region.”

The Ministry of Natural Resources of the Northern Iraqi Regional Government is responsible for the development of natural resources in the region, in accordance with Iraqi Constitution articles 111, 112, 115 and 121, under the supervision of the NIR’s Regional Council for Oil and Gas.

The Ministry of Natural Resources is the sole authorized signatory of production-sharing agreements with companies willing to invest in the exploration of hydrocarbons and mineral resources in the region. The ministry is also the authority awarding licenses for transportation and storage infrastructure, hydrocarbons and minerals production operations as well as refining, petrochemicals and retail operations.

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