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Quotation Estimate Petroleum Engineer in Spain Barcelona –Free Word Template Download with AI

Carrer de la Marina, 145, 2º 1º

08005 Barcelona, Spain

Tel: +34 93 214 5678 | Email: [email protected]

NIF: B-65432109

Reference: QE-2025-0472

Date: 15 June 2025

Valid Until: 15 July 2025

Client Information

Company: Iberian Energy Resources S.A.

Address: Av. Diagonal, 620, 08029 Barcelona, Spain

Contact Person: Mr. Jordi Ferrer, Operations Director

Email: [email protected]

Project Location: Spain Barcelona & Surrounding Offshore Zones

Project Duration: 12 Months (Renewable)

Service Category: Petroleum Engineering Consulting

Quotation Estimate No.: QE-2025-0472

Scope of Work & Description

This Quotation Estimate is issued by TechPetro Consulting S.L. to provide comprehensive Petroleum Engineer services for Iberian Energy Resources S.A., based in Spain Barcelona. The scope encompasses the full spectrum of petroleum engineering consultancy required for the client's offshore and onshore hydrocarbon exploration and production operations within the Catalan coastal region and adjacent maritime zones of Spain Barcelona.

The designated Petroleum Engineer will be responsible for reservoir modelling, well performance analysis, production optimisation, completion design, and technical due diligence. All deliverables will comply with the regulatory framework established by the Spanish Ministry for Ecological Transition and the Balearic and Catalan maritime authorities governing petroleum activities in the waters surrounding Spain Barcelona.

Itemised Cost Breakdown

Ref Description of Service Duration Rate (EUR) Amount (EUR)
01 Senior Petroleum Engineer – Reservoir Characterisation & Modelling (3D simulation, history matching, STORM/CMG software) 12 months 8,500 / month 102,000.00
02 Petroleum Engineer – Well Completion & Production Optimisation (drilling design review, artificial lift selection, flow assurance) 12 months 7,200 / month 86,400.00
03 Technical Due Diligence & Asset Valuation for 3 exploration blocks near Spain Barcelona coastline 3 months 12,000 / month 36,000.00
04 Regulatory Compliance & Environmental Impact Assessment support (Spanish & EU directives) 6 months 5,800 / month 34,800.00
05 On-site Supervision & Field Operations Support at Spain Barcelona port facilities 12 months 4,500 / month 54,000.00
06 Monthly Technical Reporting & Stakeholder Presentations (in English and Spanish) 12 months 1,800 / month 21,600.00
07 Software Licences & Computational Resources (Petrel, Eclipse, OLGA) 12 months 2,200 / month 26,400.00
08 Travel, Accommodation & Logistics within Spain Barcelona metropolitan area 12 months 900 / month 10,800.00
Subtotal (EUR) 372,000.00
VAT (21% – Spanish IVA) 78,120.00
TOTAL AMOUNT DUE (EUR) 450,120.00

Payment Schedule

This Quotation Estimate shall be settled in quarterly instalments as follows:

  • 15% Advance Payment: EUR 67,518.00 upon contract signature and commencement of the Petroleum Engineer engagement in Spain Barcelona.
  • Quarterly Payments (Q1–Q4): EUR 95,651.00 per quarter, invoiced on the 1st business day of each quarter.
  • Final Settlement: Remaining balance due within 30 days of project completion or contract termination.

Terms & Conditions

  • This Quotation Estimate is valid for 30 calendar days from the issue date. After expiry, all rates and availability of the Petroleum Engineer must be reconfirmed in writing.
  • All services will be performed in accordance with the Spanish Petroleum Act (Ley 38/1992) and applicable EU energy regulations. The Petroleum Engineer shall hold a valid professional registration with the Colegio Oficial de Ingenieros Industriales de Barcelona.
  • Intellectual property generated during the engagement in Spain Barcelona shall remain the exclusive property of Iberian Energy Resources S.A., subject to a non-disclosure agreement.
  • Either party may terminate the contract with 60 days’ written notice. In such case, a pro-rata adjustment to the Quotation Estimate total will be applied.
  • Force majeure events, including but not limited to natural disasters affecting the Spain Barcelona region, shall suspend obligations without penalty.
  • Disputes arising from this Quotation Estimate shall be resolved by arbitration under the rules of the Barcelona Arbitration Centre (CNA).
  • All invoices are payable within 30 days of receipt. Late payments shall accrue interest at the statutory rate established by Spanish law (Ley 3/2004).
Note: This Quotation Estimate assumes standard working hours (Monday to Friday, 08:00–17:00 CET) for the Petroleum Engineer stationed in Spain Barcelona. Overtime or weekend field operations will be billed at 1.5× the standard monthly rate, subject to prior written approval by the client.

For and on behalf of TechPetro Consulting S.L.:

Name: Dr. Elena Marchñ Puig

Title: Managing Director & Lead Petroleum Engineer

Signature: ___________________________

Date: ___________________________

For and on behalf of Iberian Energy Resources S.A.:

Name: Mr. Jordi Ferrer

Title: Operations Director

Signature: ___________________________

Date: ___________________________

This Quotation Estimate document (Ref: QE-2025-0472) was prepared by TechPetro Consulting S.L., Barcelona, Spain. It constitutes a formal offer for Petroleum Engineer services and is governed by the laws of Spain. © 2025 TechPetro Consulting S.L. All rights reserved.

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