Weatherford approved for $843m Zubair field contract

20 June 2012

Second major production facility award in Iraq for US firm

US oil field services firm Weatherford International has been approved by the Iraq cabinet for an $843m engineering, procurement and construction (EPC) deal to build production facilities at the Zubair field in southern Iraq.

The award was announced by government spokesman Ali al-Dabbagh, Reuters news agency reports.

The Zubair field deal was tendered in April 2011, and the consortium shortlisted three bidders:

  • Unaoil (Monoco-based) and Rosseti Marino (Italy)
  • Weatherford (US)
  • Schlumberger (US)

Weatherford will build six trains of early production facilities (EPFs) with a capacity of 50,000 barrels a day (b/d) by 2014 at the field, which is being developed by a consortium led by Italy’s Eni.

In addition to its drilling and oil field services deals, this is the second major EPC contract for Weatherford in Iraq, having already won a $300m deal in 2011 for early production facilities at the Gharraf field.

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