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No Tendering Process for Domestic & Foreign Oilfield Contractors

Source: www.gulfoilandgas.com 12/11/2018, Location: Asia

The CEO of National Iranian South Oilfields Company (NISOC), Ahmad Mohammadi said based on the new model of EPCF-EPDF Contracts for developing 28 reservoirs of NISOC, domestic and foreign contractors can win each development package without tendering process.

"This can be realized if and only if the project is fully financed by the contractor; otherwise, contractors should participate as RFT (request for tender)", Mohammadi emphasized.

Included in the form of the abovementioned contracts, development of NISOC`s 28 reservoirs is a master plan aimed to enhance the capacity of preservative production in Iran`s south oilfield.

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