BG, Anadarko Won't Bid for Iraq Oil Tenders

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AMMAN (Dow Jones Newswires), Jan. 22, 2009

BG International of the U.K., U.S. Anadarko Petroleum Corp. and Germany's Wintershall Holding AG's BASF SE are not planning to submit offers to develop Iraq's oil and gas fields announced in the first bidding round, an authorized oil ministry spokesman said Thursday.

"Out of the 35 prequalified international companies eligible to bid for developing Iraqi oil and gas fields, only three didn't buy information packages," the official told Dow Jones Newswires by telephone from Baghdad. "They are BG, Anadarko and Wintershall," he added.

According to procedures announced by the oil ministry, any company which didn't buy one of these oil and gas fields' packages, couldn't submit bids to compete for the six oil and two gas fields included in the first bidding round which Iraq announced last June.

A spokesman for BG in London contacted by Dow Jones Newswires said he would comment on this report later on.

The remaining 32 companies, including the world's oil majors, are expected to submit offers to compete for long-term service contracts to develop one of the world's largest oil fields, the spokesman said.  

Copyright (c) 2008 Dow Jones & Company, Inc.


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