PetroChina has started issuing tenders for a multibillion project to develop Iraq’s giant untapped Halfaya oil field in southern Iraq, Iraqi oil sources said Tuesday, Dow Jones Newswires reported.
The first tender is an engineering, procurement and construction contract to build an oil storage and filling station, a person familiar with the project told the newswire.
The other tenders call for the building acidising stimulation service system, as well as the supply of dual-fuel generators, complete defence system, Toyota Land Cruiser and pickup vehicles.
The company has set September 26 and 27 deadlines for receiving bids for some of these tenders, the sources said.
In December, a consortium led by PetroChina won the right to develop the Halfaya oil field in Iraq under a 20-year contract in Baghdad.
PetroChina has a 37.5% stake, while Total of France and Malaysia’s Petronas, each have 18.75%. Iraq’s state-owned Missan Oil Company holds the remaining 25%.
PetroChina said previously that it aims to boost production at the field to 535,000 barrels a day, from 3,100 barrels.
Halfaya, one of Iraq’s giant oil fields, has proven crude oil reserves of more than 4.1 billion barrels.
