LUKOIL ISSUES TENDERS FOR IRAQI WESTERN QURNA-2 FIELD CONSTRUCTON

Monday, September 20, 2010

LUKOIL Mid-East Ltd. (an operating company of ОАО LUKOIL under the Western Qurna-2 project) issued four tenders for contract work aimed at the construction of major production facilities:

- gathering system, oil treatment unit, and water supply system;

- export pipeline to the Tuba terminal;

- tank battery for the Tuba terminal;

- power distribution stations and associated gas processing units.

Companies with a minimum of five years’ experience in the implementation of similar projects and a permit for conducting related work in the Republic of Iraq are qualified to participate in the bidding. The average annual turnover of the applicant companies should total between USD 250 million and USD 1 billion for the last 3 years depending on the specific tender.

So-called EPC contracts specifying the elaboration of technical project, supply of equipment and materials and "turn-key" construction of production facilities will be signed with the tender winners.

Preliminary applications will be accepted up until October 7, while tender offers will be taken to December 4. Representatives of a number of major engineering companies from different countries have already expressed their willingness to participate in the bidding.

The bidding information can be obtained via telephone + 971 444 875 75 and e-mail:

Pavel.Kovalchuk@lukoil-overseas.com;

Bakhtiyor.Latypov@lukoil-overseas.com.