The Unaoil Group of Companies is active in the energy sector in the principal oil-producing areas of the world, namely Algeria, Angola, Azerbaijan, Iraq, Kazakhstan, Libya, Turkmenistan and the United Arab Emirates. We are head-quartered in Monaco with service offices in London.
With over 35 years experience in the energy sector and over 250 employees globally, the Group’s activities fall into three categories: integration, market consultancy and local infrastructure support.
Recent Projects
Provision of Rolls Royce gas generators to SOC Iraq
Read MoreProvision of Rolls Royce gas generators to SOC Iraq
During 2009 Unaoil successfully supplied, installed and commissioned 3 brand new Rolls Royce Avon 1535 Gas Generators to SOC Iraq. The project was executed ahead of schedule and allowed SOC to increase its oil output.
At a time when many Western companies are starting to consider returning to Iraq, Unaoil are ahead of the field and as part of this contract had a highly skilled, fully trained ex-pat team based in Iraq. They worked closely with the Unaoil in-country Iraqi experts.
This project once again demonstrated Unaoil's unique capability to supply innovative technical and commercial solutions in the most challenging of environments ahead of schedule and exceeding the customer's expectations.
Provision of production chemicals in Iraq
Read MoreProvision of production chemicals in Iraq
Unaoil’s involvement with Production Chemicals began in 2004 when we started supplying the Iraqi South Oil Company with desperately needed Emulsion Breaker (Demulsifier).
By 2006 Unaoil had established ‘Unachem Ltd’ which employed a dedicated and experienced team of locals and ex-pats. Combining this with the Group’s existing resources and infrastructure, we were able to cover all the skills and resources required of an independent Production Chemical company while at the same time providing on-site support to clients in Iraq. The integration of local capability with leading technology meant that by 2008, Unachem had engineered and prequalified several products including Demulsifiers and Corrosion Inhibitors, set up a blending and logistics facility in Ajman (UAE) and secured a revolving US$10m structured facility with BNP Paribas to support its production chemical business. Between 2006 and 2008 we secured greater than 90% of the production chemical market in Southern Iraq, delivered 40,000 drums of Demulsifier to SOC and were amongst the pioneers in qualifying and winning large contracts for the supply of Corrosion Inhibitor for SOC’s water injection facilities.
Our Group had several technical partners who provided innovative chemistry, lab support and QA/QC standards. We leveraged this platform to devise and refine products that were tailored for the Southern Iraq oilfields. One of our technical partners, Weatherford International, went on to purchase Unachem in 2008 and Unaoil remains their commercial advisors for all their Production Chemicals business for several countries in the Middle East.