In this Kurdistan Region of Iraq coverage, we put a spotlight on the Real Estate, Human Capital, ICT, and Agriculture & Water. We also talk to the leading companies on their success stories, future projects and doing business in Kurdistan.
Developed in conjunction with Ext-Joom.com
Imran Khan, Director of Falcon Oil and Gas services discusses the strategy to become the best oil and gas rental equipment company in Iraqi Kurdistan.
To become the top oilfield equipment rental company, Khan states, “we are willing to invest. We are searching the market and I think that right now we are the only company supplying this type of equipment. We understand that in the future we may have more competition but we are investing more and more in our inventory to be able to keep the inventory on the ground so that whenever a company needs something we can supply it quickly. A problem in Kurdistan is that everything comes from outside, from Turkey or the UAE, so to cut down on the time it takes to import we would like to invest more and more in order to increase and diversify our inventory and increase our revenue.”
According to Khan, the division currently offers “specialised equipment to service companies and international operators. The equipment varies and could be anything from specialised compressors to valves etc. we supply different equipment depending on the demand.”
Falcon Oil and Gas has already snapped some lucrative contracts, as Imran points out, “Right now we have several contracts with different international companies and we provide them with rental equipment of items anywhere from specialised compressors to light towers or incinerators. Whatever they might need, we can supply it.”