NOC afirms continuation of the implementation phases of the exploration bid round
The National Oil Corporation (NOC) continues to implement the phases of the exploration bid round, following the successful efforts of its technical team during the initial phase. Final arrangements are now underway to activate the virtual data room.
Forty-three companies and one consortium submitted documents to participate in the bid round during the first phase of the bid round, which included a series of meetings organized by NOC in several international cities.
NOC previously announced the qualification of 29 companies as operators and 8 companies as investors, after meeting the approved qualification criteria and conditions.
The final winners selection process will be conducted according to the approved mechanism and transparency.
The following Table shows the names of the companies qualified to participate in the bid round.