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The
Outcome of Pre-
qualification of the international
oil
companies
SOMO'S MEASUREMENT POLICY
Announcement
for Pre-qualification
of The
Second Bidding Round
Extension
for Pre-qualification
of The
Second Bidding Round
Pre-qualification
Form
(Statement) :
for the pre-qualified
companies
for the first Licensing
round
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The Ministry Of Oil signs initially a Contract to Rehabilitate ALGHARRAF Oil Field.
The ministry of oil signed initially a contract with the
coalition of Petronas and Japex oil companies to rehabilitate Algharraf
oil field during the second licensing round and the second party of the
contract was the North Oil Company. And according to the presentation of
Petronas and Japex coalition, the single barrel price was (1.49) U.S. $,
which won the acceptance of the ministry.
A spokesman in the oil ministry said "the second contract will be
signed today according to the second licensing round and the contract
documents will be referred to the council of ministers to be audited and
authorized to be signed in its final form". And it is worthy to mention
that Algharraf oil field is in Thiqar governorate and expected to
produce (700) thousand barrel/day maximum, and the primary production
for the first stage will be (35) thousand barrels/day.
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