Oil World FZE (OW) and Al-Gharraf Oil Services Company (AGOS), part of the Numerus Group, are pleased to provide an update on their strategic joint venture, launched on January 4, 2024. The partnership is gaining momentum in the Iraqi energy sector, combining OW’s long-standing technical expertise in engineered products, customized solutions, and project management with AGOS’s strong local presence, extensive logistics capabilities, and in-depth knowledge of the Iraqi market.

Accelerated Progress and Strategic Expansion
Since its inception, the joint venture has swiftly established its operational framework and is actively delivering:

> Engineered Products and Customized Solutions
> Modular Fabrication Capabilities
> Comprehensive Project Management

To capitalize on upcoming major projects, the joint venture has expanded its sales and marketing efforts by engaging third-party consultants. This proactive approach ensures targeting of new opportunities while strengthening relationships with both Iraqi ministries and international energy companies.

We look forward to continuing this successful collaboration and driving sustainable growth across Iraq’s energy sector.