Fulkrum, a leading global provider of inspection, expediting, auditing, and technical staffing services, has announced the launch of its new entity in Iraq. This strategic expansion is underscored by the securing of a multi-million USD contract to provide surveillance services for a major gas hub development project, marking a significant milestone for the company in the Middle East region.
The new entity, registered in Basra, strengthens Fulkrum’s presence in Iraq and enhances its ability to compete for large-scale contracts within the growing energy sector. By establishing a fully incorporated local presence, Fulkrum is poised to improve service delivery for both new and existing clients, including several prominent regional operators.
Muhammad Tayyab, Fulkrum’s Regional Manager for the Middle East and Caspian, emphasized the importance of this expansion. "The launch of our Iraq entity underscores our commitment to the region. Being locally based allows us to streamline operations and deliver tailored services that address the evolving needs of our clients. This strategic move positions us to better support existing partners and pursue new opportunities with key operators in Iraq," he said.
Fulkrum’s new contract is set to play a pivotal role in the development of Iraq’s energy infrastructure. The project, focused on a major gas hub, will be executed in phases and is designed for future scalability, ensuring long-term growth in plant layout, integrated control systems, and power infrastructure. Fulkrum’s responsibilities will include quality control, quality assurance, expediting, and project and procurement management, among other critical services.
"This contract marks a significant achievement for Fulkrum and sets the stage for our continued growth in Iraq. We are proud to contribute to a project that will bolster the region’s energy capabilities, and we remain dedicated to delivering the highest standards of service throughout its execution," added Muhammad Tayyab, Fulkrum’s Regional Manager for the Middle East and Caspian.
With a growing footprint in the region, Fulkrum’s expansion in Iraq aligns with its ongoing efforts to strengthen its operational capabilities and support the region’s vital energy projects.
Reference: https://worldoil.com/news/2024/12/2/fulkrum-secures-major-gas-hub-contract-launches-new-iraq-entity/
