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Bahrain Awards $48.7 million Contract for Rig Services

Bahrain’s Tatweer Petrolem W.L.L awarded the project “Heavy Equipment Supply & Associated Rig Services”.

 

The project has been awarded to Bahrain based Oil & Gas firm, Nasser Abd Mohammed Company. The value of Signed Contract is BHD 18,334,829.

 

In November 2019, Tatweer announces the bid results for the project. Upon technical and commercial evaluation, the project has been awarded to contractor.

 

Project Description:

 

Earlier, During October 2019, Bahrain’s Tatweer invited qualified bidders to submit an offer for the project related to rig services.

 

Project scope of works includes the supply of equipment, materials and personnel for the provision of Heavy Equipment and Associated Rigging services on a call-off basis in the Tatweer’s contract areas in the Kingdom of Bahrain.

 

As per the conditions of the contract, Tatweer reserves the exclusive right to increase, reduce or terminate the level of service required in accordance with the number or rigs deployed and/or the requirements of its drilling campaign in its sole discretion.

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