Bids in for three major Kuwait oil deals

12 February 2014

Dubai-based Dodsal submits lowest bids for all three gathering centre schemes

Dodsal Group has submitted the lowest priced bids for three major upstream engineering, procurement and construction (EPC) projects in Kuwait, just after emerging as the low bidder for another major scheme in the country.

Seven international EPC firms submitted prices for the construction of three separate gathering centres (GCs) numbered, 29, 30 and 31 on 10 February.

The Dubai-based firm, submitted the lowest prices for all three. Bids are summarised below:

GATHERING CENTRE BIDS
CompanyGC-29 price (KDm)GC-30 price (KDm)GC-31 price (KDm)
Dodsal (Dubai-based)185.4213.9228.1
Petrofac (UK)194.2226.4246.7
Larsen & Toubro (India)207.7239.7301.8
SK Engineering & Construction (South Korea)221.8261.1281.0
Saipem (Italy)214.9253.1269.7
Daelim (South Korea)240.2290.1304.7
Hyundai Heavy Industries (South Korea)280.1356.2381.5
Source: MEED

However, contractor sources in Kuwait say the client, state-upstream operator, Kuwait Oil Company (KOC) is unlikely to award all three projects to a single firm. Dodsal is expected to take one GC deal, while the UK’s Petrofac, which came in second on all three bids will take another. India’s Larsen & Toubro, which came third in two of the three bids could take the final GC deal.

Kuwait’s oil fields are connected to 26 gathering centres, which serve as a collection location for crude oil produced at several wells connected by flowlines, providing initial treatment through the separation of associated gas and removing salt.

Dodsal also submitted the lowest price for another major deal with KOC at $948m, beating rival proposals from four other firms on 10 February. The project covers the construction of an effluent water treatment and injection facility in the north of Kuwait.

 

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.