By John Lee.
According to a report from Platts, Iraq has shortlisted five international engineering companies to bid for the first phase of the Common Seawater Supply Project (CSSP), a major water-injection project that will help the country boost long-term production from its southern oil fields.
The project would take in around 5 million barrels per day (bpd) of water from the Persian Gulf, process it for field injection, and deliver it by pipeline to a half dozen fields in Basra province.
It has been under discussion for nearly a decade, and wsa priced at $12 billion when capacity was to be 10 million bpd of water.
(Source: Platts)