• The signing ceremony is due to be held in the first two weeks of October
  • Al-Zour New Refinery Project’s five packages are worth a total of $13bn
  • Kuwait is planning to sign the five contracts in the same ceremony

The signing ceremony for the contracts to build Kuwait’s Al-Zour New Refinery Project is due to be held in the first half of October, according to sources close to the project.

Kuwait is planning to sign the contracts for the project’s 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 Italy’s Saipem and India’s 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 Kuwait’s Central Tenders Committee (CTC).

Package one consists of process plant and has been awarded to the low-bidder, a joint venture of Technicas Reunidas (Spain), Sinopec Engineering (China), and Hanwha E&C (South Korea).

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.

Package five consists of marine facilities and was awarded to a consortium of Hyundai E&C (South Korea), SK E&C (South Korea), and Saipem (Italy).

The contract for package five is worth KD454m.