Dutch dredging firm Boskalis Westminster has been confirmed as the lowest-priced bidder for a deal to carry out site preparations for Kuwait’s planned $15bn New Refinery Project (NRP) at Al-Zour in the south of the country.

Bids were submitted by six firms on 24 November to the country’s Central Tenders Committee (CTC) for the preparatory works for state refiner Kuwait National Petroleum Company (KNPC).

Boskalis’ price of KD165m ($584m) came in about 13 per cent under the second-placed proposal from Van Oord, another Dutch firm, at KD186m.

The scheme includes offshore dredging work, backfilling and soil remediation, as well as levelling and reinforcing the 16.2 million-square-metre site to prevent the invasion of seawater. A contract is expected to be awarded in January 2014, with the project due to be completed by May 2016.

Kuwait New Refinery Project site preparations bidders
Bidder Price (KD) Price ($)
Boskalis Westminster (Netherlands) 165,090,974 584,393,285.81
Van Oord Dredging & Marine Contractors (Netherlands) 186,405,000 659,841,224.52
Dredging International (Belgium) 188,578,168 667,533,860.63
Jan De Nul (Belgium) 193,100,000 683,540,358.12
Penta Ocean Construction Company (Japan) 219,909,610 778,441,706.75
China Harbour Engineering Company (China) 263,084,738 931,274,137.90
Source: Central Tenders Committee