Tuesday, Nov 02, 2010
AMMAN (Dow Jones)--PetroChina Co. (PTR) and its partners have invited bids to supply two workover rigs for the Halfaya oil fields in southern Iraq, according to a tender document posted in Iraq's state-run Missan Oil Co. website Tuesday.
Closing date for receiving bids for the 750 horse-power rigs is Nov. 28 and offers will remain valid for 90 days after the closure.
"The two 750 HP workover rigs are required for well completion, well testing, acidizing and other workover operations in Halfaya oil field," it said.
The contract duration will be for one year and may be extended for another year, it added.
PetroChina has announced a number of tenders over the last few weeks 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
02-11-10 1606GMT
