Abu Dhabi has extended the deadline for commercial bids on the largest package of its offshore Umm al-Lulu oil field development, according to sources close to the bidding process.
Technical bids were submitted in July 2012 for the engineering, procurement and construction (EPC) contract, which is estimated to be worth $2.1bn.
The bidders included South Korean groups Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Engineering, Italy-based Saipem and a consortium of UAE-based National Petroelum Construction Company (NPCC) and France’s Technip.
The scope of Umm al-Lulu package two includes the construction of gas processing and oil separation platforms, as well as utilities and accommodation.
Commercial proposals for the smaller first package of the Umm al-Lulu field development, which covers wellhead towers, pipelines and associated facilities, were submitted in November.
Adma-Opco is majority-owned by Abu Dhabi National Oil Company (Adnoc), with minority stakes held by the UK’s BP, France’s Total and Japan Oil Development Company (Jodco).