December 12th, 2009

2nd Bid Round: The Results – 12 December 2009

 

By

- WEST QURNA- Phase 2 OIL FIELD

THE BIDDERS:

1. Total (100%)

FEE BID : $1.72         PLATEAU:1,430,000         SCORE: 69

2. BP (51%) CNPC (49%)

FEE BID: $1.65       PLATEAU: 888,000                SCORE: 66

3.  Petronas (60%) Pertamina (20%) Petrovietnam (20%)

FEE BID: $1.25      PLATEAU: 1,200,000            SCORE: 87

4. Lukoil (85%) Statoil (15%)

FEE BID: $1.15       PLATEAU: 1,800,000            SCORE: 100

West Qurna-Phase 2 contract  awarded to Lukoil

- Garraf Oil Field

THE BIDDERS:

1. TPAO (60%) ONGC (40%)

FEE BID: $2.76               PLATEAU:200,000                         SCORE: 61

2. KAZMUNAIGAZ (45%) KOGAS (45%) EDISON (10%)

FEE BID: $2.55               PLATEAU:185,000                          SCORE: 63

3. PETRONAS (60%) Japex (40%)

FEE BID: $1.49                 PLATEAU: 230,000                        SCORE:100

4. PERTAMINA (100%)

FEE BID: $7.50                 PLATEAU: 150,000                       SCORE: 29

Garraf contract awarded to Petronas

- Badra Oil Field

THE BIDDERS:

1. Gazprom  (40%) TPAO (10%)  Kogas (30%) Petronas (20%)

FEE BID: $6.00                 PLATEAU: 170,000                    SCORE:

Ministry’s Max Remuneration Fee:  $5.5

Gazprom accepted the ministry’s maximum remuneration fee.

- Badra contract awarded to Gazprom

Middle Furat Fields

THE BIDDERS:

None

- Najmah Oil Field

THE BIDDERS:

1. Sonangol (100%)

FEE BID:$8.5             PLATEAU: 110,000              SCORE:

Ministry’s Maximum Remuneration Fee: $6.00

Sonangol accepted ministry’s MRF.

Najmah contract awarded to Sonangol


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