Iraq opens bids for seismic sweep
Posted: 24 March 2008
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Iraq’s Oil Ministry has invited local and international oil companies to bid for contracts providing technical support for two major oil fields in southern and northern Iraq, according to AP news wires.
Companies interested in providing 3D seismic surveys for the Kirkuk field in the north and Rumaila oil field in the south must meet the ministry's deadline of April 30, said the ministry's Oil Exploration Company in two tenders issued on the ministry Web Site.
The two fields are among Iraq's 10 ‘super giant’ fields.
The Kirkuk field is located around the city of Kirkuk, 290 kilometers north of Baghdad, while Rumaila is near Iraq's second-largest city of Basra, 550 kilometers southeast of the capital.
A meeting will be held next June for negotiations with the interested companies and field operations are planned to start in the last quarter of 2008, according to the report.
Early this month, Iraq's Cabinet gave the nod to the Oil Ministry to sign agreements with international oil companies to help increase crude output. |