South Korean firm Daelim has won a $196m deal to install telemetry systems for Kuwait Oil Company (KOC) after bidding lower than three other contractors earlier in the year.
Daelim’s contract, which is expected to be completed in early 2014, covers the engineering, procurement and construction (EPC) of telemetry systems across state-owned group KOC’s entire consumer network.
These include supervisory control and data acquisition (Scada), as well as control and management information systems (MIS) to detect oil and gas leaks along networks of pipelines.
Daelim was the lowest of four bidders on the 12 February deadline, submitting an offer of KD54.6m ($196.2m), beating a proposal of KD63.9m ($229.7m) by fellow South Korean firm SK Engineering. UK-based Petrofac and Italy’s Saipem also submitted higher bids.
Australia’s WorleyParsons was the consultant and front-end engineering design (feed) contractor for the project and is also handling the project management consultancy (PMC).
In September 2011, Switzerland-based ABB won a contract to supply the Scada system, covering 2,000 kilometres of pipeline and 21 gathering centres.