Bids in for tank painting work

22 November 2007
The local Ahmad Ghuloom Redha Ashkanani General Trading & Contracting Company is low bidder at KD9.73m ($34.75m) for the contract to clean, repair and paint crude storage tanks belonging to Kuwait Oil Company.

Ahmad Ghuloom’s bid is fractionally lower than the next-best price of KD9.74m ($34.8m) submitted by the local Tareq al-Ghanim General Trading & Contracting Company. Kharafi National, also local, is ranked third on price at KD15.6m ($55.7m). Four other contractors bid for the work.
The contract covers the maintenance, repair, replacement, de-sludging, cleaning, testing, painting and associated pipe works at storage tanks at the north and south tank farms, the Mina al-Ahmadi crude pumping station, and the Burgan, Ahmadi, Magwa and Subkha oil fields (MEED 31:8:07).
The client is expected to award the contract by the end of the first quarter next year.

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