Monday, December 18, 2017
company
international
International Ventures (Exploration & Production)

The mission of RAK Gas is to provide the Emirate of Ras Al Khaimah with a consistent and secure supply of energy as well as generate revenues for its government. RAK Gas is 100% owned by the Government of Ras al Khaimah, 99% direct ownership and 1% through the Government’s Investment and Development Office.

RAK Gas has accumulated an extensive experience associated with natural gas operations as well as the financial resources to properly evaluate and develop oil and gas blocks. Furthermore, it holds significant exploration acreage in Egypt, Malawi, Somaliland and Pemba-Zanzibar.

RAK Gas is committed to the highest health, safety and environmental standards in all aspects of its operations as well as dedicated to assisting the development of the indigenous technical capabilities within the territory it operates in, through the established relationships with firms capable of providing training and development.

RAK 2018 License Round

Ras Al Khaimah Offshore and Onshore Acreage are currently unlicensed. Building on legacy work and studies, RAK Gas reviewed the offshore and onshore subsurface potential, using Play Based Exploration (PBE), to build a rejuvenated Exploration Portfolio. RAK Gas has committed to organise a License Round for its entire offshore and Onshore concessions in 2018, to allow prospective companies bid for acreage.

rasalkhaimah acreage

RAK complex geology creates diverse Exploration opportunities, with both Proven (analogous to Cretaceous Carbonates in Saleh field) and Speculative prospects.

To help further polarize prospectivity in its offshore acreage, RAK Gas is planning to acquire a large blanket broadband seismic 3D.

RAK 2018 License Round Process

RAK 2018 License will open on January 1st, 2018
Data Rooms will be open in Ras Al Khaimah and London.
Contact: Thibaut Burckhart (Exploration Manager RAK Gas)
Email: thibautburckhart [at] rakgas.ae

RAK Gas International portfolio

The current portfolio composition of operated and non-operated participation in upstream exploration properties in the Middle East and Africa is shown on the map below:

rakoperations

International Exploration and Production Assets

Country Block RAK Gas Interest Partner(s) Status
Tanzania Pemba Zanzibar 100% (Op) - Preparing to acquire seismic
Somaliland SL 9

SL 12
75% (Op)

75% (Op)
IECC

IECC
Preparing to acquire FTG (Full Tensor Gradiometry), and 2D seismic.
Malawi Blocks 4 & 5 100% (Op) - Completed EIA and FTG surveys

 

GET IN TOUCH

RAKGAS L.L.C.
P.O.Box 434
Ras Al Khaimah, U.A.E.

Scroll to top