The EPC Deal For Nasseriya.A Japanese consortium led Nippon Oil Corp, and including Inpex Corp and JGC JGC Jeep Grand Cherokee JGC Japan Gasoline Co. JGC Grand Canyon, Arizona, Heliport (Airport Code) Corp, is at an advanced stage in talks to win the Nasseriyah oilfield in the southern province of Dhi-Qar. The Oil Ministry was to meet with Nippon Oil's executives on Nov. 1 to finalise the deal, estimated at $8bn. This is a shorter-term engineering, procurement and construction  The introduction to this article is vague. To comply with Wikipedia's guidelines, it should be improved. (EPC (1) (Entertainment PC) See HTPC.(2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ) contract, whereby the consortium will develop the field and keep operating it for a test period to be set by the Oil Ministry. PCLD's Ameedi says: "Nippon [Oil's consortium] is the best bidder for Nasseriya". Therefore it is likely to get this project. ENI, another runner for Nasseriya, has said it is likely to withdraw from the bidding for the field, leaving Nippon Oil's consortium the only runner. ENI's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Paolo Scaroni has said the possibility of his group bidding for this field was "very low". The Oil Ministry on Oct. 12 concluded a two-day meeting in Istanbul during which it briefed IOCs on the second bidding round. Some 44 IOCs had been pre-qualified by the Oil Ministry to run for the 10 oilfields and one gas field, including ExxonMobi, BP, Shell, Total, Chevron, and CNPC CNPC China National Petroleum Corporation CNPC Centro Nacional de la Productividad y la Calidad (Chile) CNPC Commander, Navy Personnel Command CNPC China National Philatelic Corporation (Chinese stamp authority) . |
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