Bahrain received lowest bid of $114.2m for Onshore Drilling Rig Services

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

Ten 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 BHD 42.9 million (USD 114.2 million).

The tender was issued by Tatweer, during July 2021.

Contractor’s performance of the Work include the supply of the specified number of Drilling Rig (s) with all the associated equipment, personnel, and support for efficient performance of Company’s drilling program consisting of the drilling of various wells in the Company’s contract areas in the Kingdom of Bahrain.

Contractor shall mobilize the required Drilling Rig(s) as per the mobilization schedule specified by the tender documents.

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