The bidding schedule has been put back by Petroleum Development Oman (PDO)for four major five-year service contracts covering the company's operations across the sultanate. The delay is understood to be caused by differences between PDO and prospective bidders over the terms of the off-plot delivery (OPD) tender.
Technical bids are now due to be submitted on 18 December for the two OPD contracts, including instrumentation work, flowlines and xmas trees, for the north and south of the country. Each is worth about $75 million a year. Technical and commercial bids are also due on 10 January for the north and south contracts covering engineering and maintenance work, each worth about $25 million a year. About 10 companies are prequalified for the two types of contract. PDO has also given a short extension to 18 December for the submission of bids for the combined front-end engineering and design (FEED) and engineering, procurement and construction (EPC) contract on the Al-Kawther gas gathering project. The two prospective bidders for the $200 million scheme are Sharjah-based Petrofac Internationalwith the local Galfar Engineering Contracting, and Canada's SNC Lavalinwith the local Al-Hassan Engineering(MEED 22:10:04).
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 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.