At least 10 companies have purchased bid documents on an estimated $180 million construction contract for a pipeline between the newly operational Elephant field - 800 kilometres south of Tripoli - and Melitah, on the north coast. The field's operator, Agip Oil- a 50:50 joint venture between Italy's Eniand National Oil Company (NOC)- is requesting joint financial and technical offers by mid-April for the 740-kilometre-long oil pipeline.
Prospective bidders include Saipemand Bonatti, both of Italy, Athens-based Joannou & Paraskevaides, Germany's MAN GHH, China National Petroleum Company (CNPC)and two unidentified Chinese and Egyptian companies.
The planned pipeline will have a diameter of 30 inches and will run alongside the existing pipeline. The field, which has recoverable reserves estimated at more than 500 million barrels, came on stream in early February with an initial flow rate of 10,000 barrels a day (b/d) of oil. The new pipeline will increase Elephant's export capacity to 150,000 b/d when it becomes operational by the end of 2006 (MEED 6:2:04).
The pipeline's front-end engineering and design (FEED) package was prepared by UK-based Teknica, a wholly-owned subsidiary of NOC.
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