Bahrain’s Tatweer Petroleum is expected to award the engineering, procurement and construction (EPC) contract for its Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 in the second quarter of 2023, a source close to the project told Zawya Projects.
The upstream oil and gas company is undertaking a field development project to increase oil and associated gas production in its Bahrain Oil Field.
The tender for the EPC contract was issued on 21 November 2022 with bid submission deadline of 5 February, according to the Bahrain Tender Board.
The source said the technical bids were opened on 6 February 2023.
“Bid evaluation is ongoing. All six bidders’ documents were accepted, and the award is expected in May 2023,” the source said.
The bidders include Enerflex Middle East, Jereh Oil & Gas Engineering Corporation, Wasco Engineering International, Woodlands Energy Services Company, Petrofac International Bahrain, and TDE Overseas.
The project, with an estimated value of $200 million, is expected to be completed by the fourth quarter of 2025, the source said.
The scope of work, according to Tender Board, incudes design, procurement, fabrication, installation, testing, pre-commissioning, commissioning, and start-up of three compression stations CS12, CS13, & CS14 to increase the Bahrain Field’s total compression capacity and for enhanced oil recovery purposes.
(Reporting by Senthil Palanisamy; Editing by Anoop Menon)