Aramco awards Manifa oil deal to Snamprogetti

08 July 2008
Saudi Aramco has formally awarded an estimated $1.8bn deal to Italy’s Snamprogetti on its 900,000-barrel-a-day (b/d) Manifa oil field development.

The Italian contractor signed a contract for the main package, covering the construction of central processing facilities including a gas-oil separation plant, in the first week of July.

It was awarded the contract ahead of Japan’s JGC Corporation, Spain’s TR, South Korea's Hyundai Engineering & Construction Company, France's Technip, Japan's Chiyoda Corporation and Italy's Techint.

It follows a deal signed between Aramco and JGC on 3 July covering the utilities, storage and shipping at the central processing facility.

It competed against Techint, Snamprogetti and Hyundai Engineering & Construction for that contract.

TR secured the smallest package, worth $500m, covering power generation and the main substation, ahead of bids from South Korea's Hyundai Heavy Industries and Italy's Tecnimont.

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.

Get Notifications