Bahrain received lowest bid of $124 million for Onshore Drilling Rig Services

Tatweer Petroleum W.L.L, Bahrain received the bidders proposal for Onshore Drilling Rig Services.

Four Bidders has submitted the proposals. Thailand based Oil and Gas firm, Elite Drilling Company Limited has submitted the lowest bid.

Elite Drilling Company Limited submitted the price of USD 124,632,851.

Other bidders, Grey Wolf Drilling Ltd, Ensign Drilling Inc and Helmerich & Payne Rasco Inc submitted the proposal.

The tender was issued by Tatweer, during October 2020.

The Contractor’s performance of the Work shall include the supply of equipment, materials, personnel and services for provision of Onshore Drilling Rig Services in the Company’s contract areas in the Kingdom of Bahrain.

Read Also: Al Mansoori, MB Petroleum secured $148.5million Workover Rigs services contract

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