Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

Publish Date : 07-Feb-2017

Iran will launch new contracts to develop oil and natural gas fields in mid-February in the countrys first such tender since the removal of international sanctions a year ago, a senior oil official said on Saturday.

Ali kardor managing director of National Iranian Oil Company (NIOC) said in a press conference that "The plan was to hold the first tender at the end of January, but it is postponed and has been set to be on February 15," adding that delay is due to the fact that "information from some companies was not complete."

He added that "Twenty-nine companies have been qualified, but we would like to add more companies to the list."

Kardor also said that British Petroleum had still not submitted a bid. "BP has not yet sent its information to us. Although we said this is an official process and you need to enter your information, they haven't done it," he added.

In January, Iran's Oil Ministry published a list of 29 international companies qualified to bid for oil and gas projects following the lifting of sanctions under a landmark nuclear accord that went into effect last year.

Since then, Iran has received bids from Anglo-Dutch giant Shell, Italy's ENI, France's Total, Russia's Gazprom and Lukoil, and Schlumberger of the Netherlands. Asian giants including China's CNPC and Sinopec International, the Japanese Mitsubishi Corporation and Japan Petroleum Exploration also put in bids along with companies from Malaysia and South Korea.

Iran has increased production to 3.9 million barrels per day from 2.6 million bpd in 2013. The country has already signed a flurry of deals with international companies. In November, French oil and gas giant Total signed a preliminary agreement for a $4.8-billion (4.3-billion-euro) project to develop an offshore gas field at South Pars, which Iran shares with Qatar.

In December, Tehran signed a memorandum of understanding with Russia's Gazprom on the development of two major oilfields. Also in December, it signed three preliminary deals with Shell to examine developing major oil and gas fields.

Go to previous page