Middle East Economic Survey

VOL. LIV

No 49

5-Dec-2011

IRAQ

Engineering Firms Wait On West Qurna-2 Contract Award

Bidders for the central processing facilities (CPF) for a first 400,000 b/d phase of the Lukoil-led 1.8mn b/d West Qurna-2 field development project continue to wait for award. The contract, provisionally pegged to be worth some $1.4bn, was to be awarded by end-August, but concerns over the most competitive of the bids, submitted by Koreas Samsung, have sparked speculation that...