ExxonMobil E&P Romania calls tender for offshore prospecting - TED

The value of the framework agreement is estimated at between $2.86 million and $6.36 million, VAT excluded, the notice in the Tenders Electronic Daily showed.

The duration of the agreement is 36 month following its award.

After approximately six months following this award the company will offer another framework agreement to the signatory. The estimated value of the biggest subsequent contract is $2.86 million, while the longest will take 12 months to be completed.

All works involved are fully funded by Exxonmobile.

Activities contracted under the assignment will take place in the Romanian section of the Black Sea.

Offers should be filed by 1500 Bucharest time on January 28.

The Romanian arm of Exxon Mobil Corp acquired a 50% interest in the deep water portion of the Neptun block licence in November 2008 from OMV Petrom, which remained the sole owner of the licence for the shallow water sector. The block covers an area of approximately 9,900 square kilometres in water depths ranging from 50 to 1,700 meters.

Earlier this month OMV Petrom said it had started a large 3D seismic study with ExxonMobil Exploration and Production Romania on the Neptun block in the Black Sea.

($ = 0.7651 euro)