Posts Tagged ‘oil field’
Nassiriya Integrated Project- Indicative Timeline
PCLD Announcement – Prequalified Companies (The following companies have been newly pre-qualified for downstream or upstream/downstream. Bidding is open to those companies as well as those already pre-qualified in previous rounds).
It’s unique, it’s challenging and it’s complex, but Iraq’s oil ministry seems determined to make the first upstream-downstream integrated project in Nassiriya a reality. What’s more, forget the $ per barrel fee that was the basis of all previous service contracts. On this one, investors will make a return on their investment from a percentage of the revenues Iraq will rake, pretty much like the “profit oil” concept in production-sharing contracts, but in cash not in kind.
Previous efforts to sell the Nassiriya refinery project under an investment scheme – …