Daelim frontrunner for South Pars gas deal

08 October 2009

Consortium set to win engineering, procurement and construction work

A consortium led by South Korea’s Daelim Industrial Company is the frontrunner to win a engineering, procurement and construction (EPC) contract for phase 12 of Iran’s South Pars gas development.

According to a source close to Daelim, it expects to win the deal by the end of October with its consortium of Sazeh Engineering, Kayson Construction Company and Iran Industrial Networks Development.

The contract, called EPC-2, covers liquid processing and utilities work for the onshore phase 12. Australia’s WorleyParsons carried out the front-end engineering and design (Feed) contract for the project.

In July, the client Petropars awarded a $1.8bn construction deal to four contractors for a gas treatment plant connected to phase 12 of the South Pars gas field (MEED 1:7:09).

Petropars awarded the onshore package to a consortium of Italy’s Maire Tecnimont; and Nargan, Dorriz and Gamma, all local.

The contract involves the construction of a gas treatment plant that can process 3 billion cubic feet a day (cf/d).

In June, National Iranian Oil Company awarded a $111m deal to Daelim to build a gas plant at Tombak on the Hormuzgan coast (MEED 11:6:09).

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