Gazprom retenders Iraq tank farm deal

06 October 2013

Storage tanks planned for Badra oil field

Russia’s 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 UK’s Mott MacDonald appointed as the project management consultant for the Badra field’s projects.

Bids were submitted in the middle of February, however, after a series of meetings between the lowest bidder and the field’s joint management committee, a deal could not be reached.

Gazprom leads the development of the 3-billion-barrel Badra oil field along with Turkey’s TPAO, Malaysia’s Petronas and South Korea’s 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.

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