By MANDEEP SINGH

A MASSIVE expansion of Bahrain's onshore oilfield, which could double its oil output, will initially cost absolutely nothing as the country steps up oil exploration both on land and at sea.

Three companies - ExxonMobil, Occidental and Maersk - have been shortlisted for the project, which is expected to cost up to $5 billion (BD1.89bn).

However, the contract winner will develop and renovate the oilfield for free - with a deal to be hammered out later depending on the success of the project.

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Posted by boyang at November 19, 2008 6:09 AM