Final Tender Protocol – Excerpts Bidding Schedule Dec. 11-12 Process Timeline: Bidding, Ratification, Signature Bidding Parameters & Bid Score Formula The Final 44 Pre-qualified Entities The 10 Contract Areas: Current Production, Minimum Plateau Production Targets, Plateau Duration, Signature Bonus, Minimum Expenditure Obligation
Tag: bidding
2nd Bid Round
International oil companies who attended Iraq’s 2nd bid round roadshow in Istanbul Tuesday were unfazed by the growing tension in Baghdad ahead of the January legislative elections. The 42 companies who attended – out of 45 who have been prequalified to participate in the bid round – will compete for 10 contract areas, four of which include the giant fields of Majnoon, West Qurna-2, East Baghdad and Halfaya. The short…
2nd Licensing Round-Factbox
(Click Headline To Open All Documents) Minister’s Speech Istanbul Aug.25, 2009 Review Of Technical Service Contract-Abdul Mahdi al-Ameedi List of 2nd Licensing Round Prequalified Companies – Final 2nd Licensing Round – Fields Map 2nd Licensing Round – Timeline 2nd Licensing Round – Operator Qualifications 2nd Licensing Round – Participation Fees 2nd Licensing Round – Consortia Rules 2nd Licensing Round – Bidding Parameters 2nd Licensing Round – Award Restrictions 2nd Licensing…
Critical Choices
It took the Iraqi oil ministry eight months to negotiate technical support contracts (TSCs) with major oil companies for five oil fields before they were cancelled at the last minute in June 2008. Those TSCs could have offered Iraq the first significant foreign help in rehabilitating its producing oil fields in at least three decades. True, they were no-bid contracts but the commitment on the side of the state and…