Firms prepare bids for Aramco’s petroleum institute project

24 December 2009

Development is part of $60bn investment programme

National oil company Saudi Aramco has invited selected contractors to submit bids by 27 February for the contract to build a residential complex at the King Abdullah Petroleum Studies & Research Centre in Riyadh.

The prospective bidders include the local Al-Yamama Company for Trading & Contracting, Turkey’s Baytur, Dubai-listed Drake & Scull International, the local El-Seif Engineering & Contracting, the local Nesma & Partners Contracting Company, South Korea’s Hyundai Engineering & Construction, Saudi Oger, and South Korea’s SK Engineering & Construction. 

The complex will cover an area of 466,000 square metres. Aramco will award the job as a lump-sum contract.

Aramco launched the project in March 2009 as part of a $60bn investment programme. This includes the development of offshore and onshore production facilities.

Aramco will build the complex 8 kilometres south of King Khalid International airport.

A MEED Subscription...

Subscribe or upgrade your current 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.

Get Notifications