Contracts Awarded at Badra Oilfield

Gazprom Neft has completed the tendering process for the front end engineering design (FEED) for the Badra oil field in Iraq, with the contract being awarded to French Technip, according to Penn Energy.

The project preparation is expected to be completed by June 2011.

The tender award decision has also been taken for the road and well site construction, as well as for the construction of a permanent camp. The Iraqi ALMCO was selected as the contractor in both cases.

In January 2011, the mobilisation of manpower and equipment was completed, and geological engineering surveys and future roads laying-out were launched.

In accordance with the latest instructions of the Ministry of Oil of the Republic of Iraq, the ITT submissions for well drilling and integrated project management in terms of well construction were delivered to the state Iraqi North Oil Company (NOC) and the Ministry of Oil for approval and declaration of winners. The commencement of works is scheduled for April – May 2011.

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