Companies vie for largest Saudi hydrocarbons project out to tender in 2015
- Seven companies prequalified to bid
- Estimated budget of $6.5bn
Contractors have submitted bid for three packages on a planned processing plant at the Fadhili oil field in the eastern province of Saudi Arabia, according to sources familiar with the project.
Saudi Aramco received engineering, procurement and construction (EPC) proposals for the tender on 27 July after twice extending the deadline for bids.
The budget for the Fadhili plant has been expanded to about $6.5bn, according to industry sources, up from initial estimates of $5bn.
Each package is expected to be valued at more than $2bn. Other work connected to the project is expected to be tendered in the future, including a large pipeline package.
MEED reported in early March that many of the EPC contractors bidding for the packages at the scheme have split into consortiums.
The Fadhili plant will process sour gas from the Khursaniyah oil field and the Hasbah non-associated gas field. Aramco has ramped up its offshore non-associated gas operations in the Gulf in recent years and is developing several fields in the region. These include the Karan, Hasbah and Arabiyah fields.
Packages
- Package 1: main processing facilities
- Package 2: sulphur recovery unit
- Package 3: offsites and utilities
Prequalified companies for all three packages
- Daelim Industrial (South Korea)
- Daewoo Engineering & Construction / Samsung Engineering (South Korea)
- GS Engineering & Construction (South Korea) / Tecnicas Reunidas (Spain)
- Hyundai Engineering & Construction (South Korea)
- JGC Corporation (Japan) / Saipem (Italy)
- Petrofac (UK)
Prequalified for packages 2 and 3
- Hanwha Engineering & Construction (South Korea)
You might also like...
UAE rides high on non-oil boom
26 April 2024
Qiddiya evaluates multipurpose stadium bids
26 April 2024
Al Ula seeks equestrian village interest
26 April 2024
Morocco seeks firms for 400MW wind schemes
26 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.