Tatweer Petroleum W.L.L, Bahrain received the bidders proposals for the project, Lump sum Turn Key (LSTK) of Pre-Unayzah Reservoir Appraisal.
Two bidders has submitted the proposals. US based Oil & Gas firm, Halliburton has submitted the lowest bid.
Halliburton submitted the price of BHD 114.7 million (USD 305 million).
Tender notification mentioned that the project is of strategic importance to the Company objectives of meeting the present and future gas demands for power generation and heavy industry in the Kingdom of Bahrain.
The project is expected to cover a main early phase in the appraisal of the Pre-Unayzah gas resources and the Contractor is expected to implement cutting edge technology and advanced approaches to successfully execute the project.
The Contractor’s performance of the Services shall include drilling and hydraulic fracturing of eight (8) dedicated horizontal wells targeting Jubah and Jauf Formations.
