Wednesday, Sep 15, 2010
AMMAN (Dow Jones)--PetroChina Co. (PTR) and its partners have invited bids to construct a liquefied petroleum gas, or LPG, compressor unit for the Halfaya oil field in southern Iraq, according to a tender document published by Iraq's state Missan Oil Company website.
The tender closes Oct. 9 and bids will be valid for 90 days after the closing date, it said.
The tender calls for installing a liquefied petroleum gas compressor package within a 30-month period to capture gas being flared at the southern oilfield, it added.
Last week, PetroChina announced a number of tenders to develop the 4.1-billion-barrel Halfaya field. They include engineering, procurement and construction contracts to build oil storage and filling facility at the multi-billion dollar project, an acid stimulation service system and others.
In December, a consortium led by PetroChina Co. won the right to develop the Halfaya oil field in Iraq under a 20-year contract.
PetroChina has a 37.5% stake, while Total SA (TOT) of France and Malaysia's Petroliam Nasional Bhd., or Petronas, each have 18.75%. Iraq's state-owned Missan Oil Company holds the remaining 25%.
PetroChina Co. said previously that it aims to boost production at the field to 535,000 barrels a day, from 3,100 barrels.
-By Hassan Hafidh, Dow Jones Newswires; +962 799 831 831; hassan.hafidh@dowjones.com
(END) Dow Jones Newswires
15-09-10 0612GMT
