BKPS Unveils New Energy Project in Iraq to Enhance Energy Security Efforts

Introduction

In an exciting development for energy infrastructure in Iraq, BKPS, a subsidiary of Karpowership, has embarked on a pivotal energy project aimed at reinforcing the country’s energy security. This landmark initiative marks BKPS's commitment to providing reliable and affordable electricity in collaboration with the Iraqi government.

Contract Signing and Project Overview

On August 20, 2025, BKPS finalized a contract with Iraq's Ministry of Electricity and the General Company for Electric Energy Production, setting the stage for a significant upgrade in the nation's power generation capabilities. According to the terms of the agreement, the project will deliver a remarkable capacity of up to 590 megawatts of electricity through two specialized vessels known as Powerships. These vessels are expected to operate efficiently over an initial phase lasting 71 days, contributing substantially to the nation's power grid stabilization and addressing immediate energy demands in Iraq.

Statement from Karpowership

Zeynep Harezi Yılmaz, the commercial director of Karpowership, expressed her pride in this collaboration, stating, "We are honored to partner with Iraq to enhance its energy resilience. This project represents a significant step toward bridging the electricity gap and aligns with our mission to provide rapid, flexible, and reliable energy where it is most needed."

Implementation and Capabilities of Powerships

The operational setup involves deploying the Powerships at key ports situated in Basra, specifically Khor Al Zubair and Umm Qasr, with a projected operational commencement in August 2025. These Powerships are designed with multi-fuel capabilities, allowing them to remain autonomous with all essentials onboard. The strategy marks a cost-effective and timely solution, significantly diminishing the lengthy construction timelines associated with traditional land-based energy infrastructure.

Karpowership's Global Presence

Karpowership has an established track record of delivering floating energy solutions across 16 countries on four continents. Their innovative Powership technology provides a scalable and practical approach to improving energy security, proving instrumental for economic development in regions with energy necessities, such as Iraq. The project by BKPS aims to leverage this proven technology to ensure a stable energy supply moving forward.

About Karpowership

Karpowership is a leading global energy company specializing in rapid and comprehensive energy solutions. As the sole builder, owner, and operator of the world’s largest fleet of Powerships, the organization can deliver turn-key energy solutions anywhere they are needed, connecting to national grids and generating electricity in less than 30 days. In addition to their flagship offerings, Karpowership also provides floating LNG solutions to help shape a cleaner and more flexible energy future. With over 25 years in the business, Karpowership is dedicated to delivering sustainable and dependable energy to empower nations and communities worldwide.

Conclusion

The launch of this new project by BKPS in Iraq not only marks a significant progress in energy availability but also represents a concrete step towards sustainable development. As Iraq continues to enhance its energy security, partnerships with innovative companies like Karpowership are crucial in meeting the country’s power needs in a stable and efficient manner.

For further information about Karpowership and its projects, visit www.karpowership.com.