Abu Dhabi National Oil Company for Distribution (Adnoc-Fod) plans to award an estimated $150m contract to build fuel storage facilities at Hamriyah in Sharjah by the end of December, according to senior sources working on the project.
International contractors bid for the contract for a second time in September (MEED 27:9:09). In October, the bidders identified Lebanon’s Contracting & Trading (CAT) and the UAE’s Al-Jaber Energy as the frontrunners for the contract (MEED 16:10:09).
“They haven’t opened the commercial bids yet,” says one of the sources. “The technical assessment has been completed and they will award the deal in December.”
A second source with links to the project says Adnoc-Fod has taken its time to award the contract because it has sought approval from various levels of management before formally awarding the job.
Adnoc-Fod previously told bidding firms it would announce a winner by the end of September.
The successful bidder will build nine tanks with 83,000 cubic metres of storage capacity for refined oil and gas products including jet fuel, diesel, gasoline and fuel oil.
Bidders say CAT and Al-Jaber bid almost $150m for the contract.