Tatweer Petroleum W.L.L, Bahrain awarded the projects for the Supply of Wellhead System.
The project has been awarded to US based Oil & Gas firm, Stream-Flo Industries LTD (SFI).
The value of signed contract is BHD 7,859,936 (USD 20,904,085).
The agreement is based on Five (5) Years Call-Off Long Terms Purchase Agreement.
As per the tender notification announced earlier, Tatweer Petroleum has identified the benefit of undertaking a specific limited tender for the Supply of Wellhead System in connection with the current on-going strategic projects associated with both the near and long term development of the Bahrain Field.
The contract will serve the increasing oil and gas production demand, to meet the Kingdom’s future demands and to ensure the continuity of the current maintenance and workover of the current wells.
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