"Law of Private Investment in Crude Oil Refining"

 "Development and Production Service Contract"

 "Technical Service Contract"

 "General Information for service contracts"

 "SOMO'S MEASUREMENT POLICY"

 "Announcement for Pre-qualification

 of The Second Bidding Round"

 "Extension for Pre-qualification

  of The Second Bidding Round"

    The Ministry Of Oil signs initially a Contract to Rehabilitate ALGHARRAF Oil Field.

 

   The ministry of oil signed initially a contract with the coalition of Petronas and Japex oil companies to rehabilitate Algharraf oil field during the second licensing round and the second party of the contract was the North Oil Company. And according to the presentation of Petronas and Japex coalition, the single barrel price was (1.49) U.S. $, which won the acceptance of the ministry.

    A spokesman in the oil ministry said "the second contract will be signed today according to the second licensing round and the contract documents will be referred to the council of ministers to be audited and authorized to be signed in its final form". And it is worthy to mention that Algharraf oil field is in Thiqar governorate and expected to produce (700) thousand barrel/day maximum, and the primary production for the first stage will be (35) thousand barrels/day.