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FEIPCO

FEIPCO GROUP

  • Qualified Trader Registered with State Oil Marketing Organization (SOMO) And Ministry Of Oil In Republic Of Iraq.
  • Corporate with refineries in the Region Seeking To Secure Buyer/S “Buy Backs” For Marketing/Selling Crude and refined petroleum Products.
  • Electrical Isolation testingDevelop Turn-Key Projects Offered By South Oil Company (SOC) Of The Ministry Of Oil In The Republic Of Iraq.
  • Bids And Negotiates With SOC For Land And Property Lease, Concessions Or Other Investment Awards And Permits To Explore, Discover And Produce Hydrocarbon Lease Or Other Granted Investment Awards There Under, Which May Be Offered By SOC With The Ministry Of Oil Of The Republic Of Iraq And Other Potential Producers.
  • Placement Specialist With Oil And Gas Investors To Pursue Awarded Bids &Projects.
  • Main Founder Was Mr. Arif A. Arif, President & Chairman Of FEIPCO group
  • Professionals with Appropriate Qualification and Solid Experience in Providing Visionary Leadership.
  • Strong Track Record and Complementary Skills in the Oil Industry.
  • Demonstrates a Very High Ability to Undertake Responsibilities under Different High Tensile Working Conditions.
  • Able To Maximize Limited Resources, Develop Team-Work and Manage Change.
  • Develop And Implement Strategies for Improvement.
  • Known For Their Strategic Thinking and Famous For Their Power Of Reasoning, Which Brings Important Quality To FEIPCO Group.
  • Privileged Partner To Clients Who Seek A Cooperative Approach To Their Supply And Trading Activities, Operating With The Industry.
  • Environmental Standards And Become A Leading Market Leader In Hydrocarbon Activities Worldwide.

Privileged Partner to Clients who seek a cooperative approach to their supply and Trading activities, Operating With Strict Principles And Ethical Guidelines Complying With The Industry Environmental Standards And Become A Leader In Hydrocarbon Activities Worldwide.

We aim to cooperate with SOMO to increase its market share in fuel oil business with Aqaba Port Authority of Jordan for a total through put of fuel to be exporter in the International Market via Port of Aqaba and assist other potential producers in delivering petroleum products to refineries or petroleum companies and to the end users.

All compliance with ISO environment standards providing first class career development for its employees to achieve goals and Objectives and work closely on maximizing shareholder’s assets & Value.

FEIPCO VALUE

  • Business Development
  • Open for Negotiation
  • Flexibility in Pricing
  • WIN-WIN Situation for both

FEIPCO ETHICS

  • Business Development
  • Open for Negotiation
  • Flexibility in Pricing
  • WIN-WIN Situation for both

FEIPCO HISTORY

  • THE YEAR OF FEIPCO’S EMBODIMENT BROUGHT ABOUT BY THE VENTURE BETWEEN DAR AL KHAIR INTERNATIONAL, A TRADING AND INVESTMENT LIMITED COMPANY OWNED BY SAUDI INVESTORS AND MR. AREF ABDULLAH AREF, AN IRAQI BUSINESSMAN WELL-EXPERIENCED WHEN IT COMES TO OIL BUSINESS SINCE 1989
  • FEIPCO, THROUGH A RESOLUTION MADE BY UNITED NATIONS SECURITY COUNCIL COMMITTEE UNDER SC/20/01 BECAME QUALIFIED TO TRADE AND PURCHASE OIL AND OIL PRODUCTS IN ALLIANCE WITH THE STATE OIL MARKETING ORGANIZATION (SOMO).
  • DEVELOPING BOUNDARY TRADING UNDER THE OIL FOR FOOD PROGRAM WITH THE UN SECURITY COUNCIL COMMITTEE 661
  • ACQUIRED A SITE WITH A DIRECT ACCESS TO THE SEA IN UMM- QSSR PORT OF IRAQ AND WAS DEVELOPED TO ACCOMMODATE FLOATING BARRAGES TO RECEIVE FUEL OIL BEING TRUCKED BY ROAD TANKERS INTO THE FLOATING BARGES AND DELIVERE TO MOTOR TANKER WITH SEVERAL SHIPMENTS MADE FORM THIS SITE.
  • FEIPCO MOVED TO UNITED ARAB EMIRATES AND ESTABLISHED ITS HEAD OFFICE IN DUBAI, UAE.
  • FEIPCO BECAME A MEMBER IN THE INTERNATIONAL ASSOCIATION OF DRILLING CONTRACTORS (IADC).
  • AWARDED A TURN- KEY DRILLING CONTRACT OF 64 OIL WELLS OF WEST QURNA & NORTH RUMAILAH- IRAQ.
  • OFFICIALLY INVITED TO NEGOTIATE & EVENTUALLY SIGN A PAS WITH MAURITANIA MINISTRY OF ENERGY & OIL.
  • SHORT LISTED FOR A TURN – KEY CONTRACT TO SUPPLY & INSTALL A 48” ONSHORE PIPELINE PROJECT LINKING AL ZUBAIR (I) TO FAO OIL TERMINAL- IRAQ.

SUPPLY AND INSTALLATION OF AN ON-SHORE PIPELINE

FEIPCO has been short listed for a strategic 48” diameter underground Turn-Key Pipeline Project for Crude Oil transfer from Al-Zubair (I) pumping station to FAO Oil Terminal with 105Km in length.

PROCHEM S.A. of Poland who has an extensive experience in manufacturing, supply and installation of such projects shall be involved in the execution of the project.

CONSTRUCTION OF OIL JETTY 

One of FEIPCO’s achievements is illustrated in the concession award for the construction of an oil jetty near Um Quasar port. A 100,000MT of fuel oil storage and handling facilities which will comprise of an intake for trucks to export a minimum of 150,000 MT of Fuel Oil per month is under micro study. KOPPIES & STEVENS BV of Rotterdam is currently working on the conceptual design for the realization of the project.

  • OVERVIEW

Converting the flow of the activities in to proper services is the key element for implementation.

The working relations with the Iraqi Ministry of Oil as well as the Mauritanian Ministry of Energy & Oil counts as big portion of

FEIPCO’s core competencies and believes will stimulate the concept and delivery.

  • VENTURE CAPITAL INFLUX AND PROJECT FINANCING. [ SHORT AND LONG TERM ]