Tatweer Petroleum W.L.L, Bahrain received the bidders proposals for the project, Risked Service Contract Targeting the Development of Individual Oil Reservoirs.
Three bidders has submitted the proposals. US based Oil & Gas firm, Halliburton has submitted the lowest bid.
Halliburton submitted the price of BHD 10,893,761 (USD 28.9 million).
Contractor’s performance of the Work include the provision of all necessary oil field services, including the supply of all equipment, materials and personnel required for the development of the individual oil reservoir, for enhanced oil recovery.
The overall project scope may require the Contractor to provide work under various categories.
The proposed contract shall be for a duration of five (5) years.
The tender was issued by Tatweer during March 2021.
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