Bahrain Signed a deal of $166 million for supply of Oil & Gas material

Bahrain’s Tatweer Petroleum W.L.L awarded the project “Five (5) Years Call-Off Long Terms Purchase Agreement for the Supply of Oil Country Tubular Goods Materials (OCTG)”

Earlier, during February 2019, Tatweer Petroleum received the proposals from a total of eight companies. Upon technical, commercial evaluations, Tatweer Petroleum awarded the project to four companies.

The project has been awarded to following Companies:

  • TENARIS GLOBAL SERVICES – $ 17,569,035
  • TIANJIN PIPE CORPORATION (MIDDLE EAST) LIMITED – $ 55,457,980
  • MARUBENI – ITOCHU TUBULARS ASIA PTE – $14,936,500
  • VALLOUREC MIDDLE EAST – $ 78,194,620

Project Description:

Tatweer Petroleum has identified the benefit of undertaking a specific limited tender for the provision of Oil Country Tubular Goods Materials (OCTG).

The project is in connection with the current on-going strategic projects associated with both the near and long term development of the Bahrain Field with the intention of increasing the oil and gas production to meet the Kingdom’s future demands.

Also, the supply of material will ensure the continuity of the current maintenance and workover of the current wells.

Note: The above information is unlocked to understand the readers, a sample of Saudigulfprojects.com content.

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