Russias Gazprom has re-tendered an estimated $200m deal to build a new tank farm at the Badra oil field in the south of Iraq, a project first launched in mid-2012.
Tender documents are available until 8 October and Gazprom has set a 10 November deadline for new submissions.
The tank farm project covers the engineering, procurement, construction and commissioning (EPCC) of two crude oil storage tanks with a capacity of 35,000 cubic meters each. The deal was originally tendered in January, with the UKs Mott MacDonald appointed as the project management consultant for the Badra fields projects.
Bids were submitted in the middle of February, however, after a series of meetings between the lowest bidder and the fields joint management committee, a deal could not be reached.
Gazprom leads the development of the 3-billion-barrel Badra oil field along with Turkeys TPAO, Malaysias Petronas and South Koreas Kogas. The group expects to start production at a new 170,000 barrel a day (b/d) central processing facility by the end of 2013.