Kuwait tells contractors to submit the names of attending executives
- The signing ceremony is due to be held in the first two weeks of October
- Al-Zour New Refinery Projects five packages are worth a total of $13bn
- Kuwait is planning to sign the five contracts in the same ceremony
Kuwait is planning to sign the contracts for the projects five engineering, procurement and construction (EPC) contracts all in the same ceremony.
Contractors have been informed that the ceremony will take place in early October and asked to submit the names of the executives that will be representing them at the signing, said one source.
The five Al-Zour Refinery EPC contracts have a total value of $13bn.
The final EPC contract on the project was awarded to a consortium of Italys Saipem and Indias Essar in August.
The package, known as package four, is worth KD475m ($1.57bn) and includes the construction of tanks, piping and underground works.
The winners of packages one, two, three and five, worth a total of $11.5bn, were named on 28 July by Kuwaits Central Tenders Committee (CTC).
Package two, which consists of process plant, and package three, which consists of offsites and utilities were both won by a joint venture of Fluor (US), Hyundai Heavy Industries(South Korea), and Daewoo Engineering (South Korea).
The EPC contracts for packages one and two are worth a total of KD1,745m.
The contract for package five is worth KD454m.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.