Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO), and Spain's Repsol YPF SA (REP) submitted new technical and commercial offers for Iraq's Nassiriyah oil field in southern Iraq, a senior Iraqi oil official said Thursday.
Abdul Mahdy al-Ameedi, deputy director general at Iraq's Petroleum Contracts and Licensing Directorate, said the ministry had asked the three companies to review their previously submitted technical and commerical offers according to "new requirements" made by the ministry.
"They had already submitted the new offers and we are currently studying the technical offers and later we would study the commercial ones," Ameedi told Dow Jones Newswires by telephone from Baghdad.
The ministry would select one company, among the three, and start negotiations with the selected firm in order to sign a contract with it later on, he said. However, Ameedi said he didn't know at this stage how long it would take to award the contract.