Saudi Aramcois planning five new combined cycle captive power plants to serve its oil and gas facilities. Contractors have been approached to express their interest in the five projects, ranging from 70 MW to 240 MW, which are expected to be developed on a build-own-operate-transfer (BOOT) basis.
The plants are to be built at Berri, Ras Tanoura, Uthmaniya and Hawiyah. The fifth plant, planned for Shedgum, is still optional. Aramco will provide the fuel and water for the projects, which the developers will convert to power through an energy conversion agreement (ECA). Tender documents are expected to be issued to prequalifiers by the end of the year, with bids scheduled for submission in the first quarter of 2003. Contract awards are expected next summer.
Foster Wheeler Corporation of the US and Fichtnerof Germany are consulting for Aramco on the projects.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
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.
