Home Oil and Gas Nasser Abd Mohammed Company have secured a contract of $48.7 million for...

Nasser Abd Mohammed Company have secured a contract of $48.7 million for Rig Services

Bahrain’s Tatweer Petroleum W.L.L assigned the project “Heavy Equipment Supply & involved Rig Services”.

The project has been assigned to Bahrain based Oil & Gas firm, Nasser Abd Mohammed Company has signed agreement is BHD 18,334,829. Earlier, during November 2019, Tatweer published the bid results for the project. Upon technical and commercial assessment, the project has been awarded to the contractor.

Project details:

During October 2019, Bahrain’s Tatweer invited eligible bidders to submit a proposal for the project related to rig services. The project detail of works comprises the supply of equipment, materials, and personnel for the provision of Heavy Equipment and involved Rigging services on a call-off basis in the Tatweer’s contract areas in the Kingdom of Bahrain. As per the rule of the contract, Tatweer reserves the exclusive right to increase, reduce, or stop the level of service required in accordance with the number of rigs deployed and/or the requirements of its drilling campaign in its exclusive discretion.

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