Three groups bid for the estimated $3.5bn process package 1, the largest of the four main engineering, procurement and construction contracts. The bidders are: Italy’s Snamprogetti with Hyundai Engineering & Construction Company; Paris-based Technip with SK Engineering & Construction and the US’ Foster Wheeler; and Japan’s JGC Corporation with GS Engineering & Construction.
For the $3bn second process package the bidders are: Hyundai Engineering with Daelim Industrial Company of South Korea; GS Engineering; UAE-based Petrofac International; SK Engineering; and Snamprogetti.
For package 4, covering the tank farm, the bidders are Daelim; Daewoo Engineering & Construction; and Hyundai Heavy Industries, both of South Korea; GS Engineering; Hyundai Engineering; Petro Steel of Saudi Arabia with Singapore’s Rotary Engineering; Italy’s Saipem; and SK Engineering.
Five companies bid package 5 covering marine works: Hyundai Engineering; Hyundai Heavy Industries; and Australia’s Leighton.
Awards are expected to be made by the end of the second quarter of 2008. It is the second time KNPC has tendered the 615,000-barrel-a-day scheme. It was forced to cancel the original tender after bids came in at more than double the original budget of $6.3bn (MEED 17:10:07).
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