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India Infoline News Service/18:11,Feb 13, 2012
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PetroChina Starts Issuing Tenders For Multibillion Project In Halfaya Oil Field

Capital Market / 11:11 , Sep 09, 2010

PetroChina, the nation's top oil producer, has begun issuing tenders for a multibillion project to develop Iraq's giant untapped Halfaya oil field in southern Iraq, sources reported.

The first tender is an engineering, procurement and construction contract to build an oil storage and filling station. The other tenders call for the building acidizing stimulation service system, as well as the supply of dual-fuel generators, complete defense system, Toyota Land Cruiser and pickup cars.

PetroChina set Sep. 26 and Sep.27 deadlines for receiving bids for some of these tenders. In December, a consortium led by PetroChina obtained the right to develop the Halfaya oil field, in which PetroChina has a 37.5% stake, while Total of France and Malaysia's Petroliam Nasional Bhd, or Petronas, each have 18.75%. Iraq's state-owned Missan Oil Co holds the remaining 25%.

 



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