Fresh prices submitted for Bab project

10 January 2003
Four groups of companies submitted fresh prices by 7 January for the engineering, procurement and construction (EPC) contract to upgrade production capacity at the Bab field in Abu Dhabi (MEED 15:11:02; 11:10:02).

Japan's JGC Corporation is understood to have again submitted a low bid of about $91 million for the contract, followed by a team of Paris-based Technip-Coflexipwith the local National Petroleum Construction Company at about $95 million. The prices submitted by two other bidders - Italy's Snamprogetti and US-based Foster Wheeler Corporation - are just below $100 million.

The client, Abu Dhabi Company for Onshore Oil Operations (Adco), invited fresh prices, following inclusions of optional items in the EPC contract. JGC was the low bidder at about $92 million in the original round of bidding (MEED 18:10:02).

The project, targeted for completion at the end of 2004, calls for a 100,000-barrel-a-day (b/d) expansion in capacity. At present, the onshore field has a capacity to produce 250,000 b/d. The contract entails the supply and installation of two processing trains, two and three-phase separators, a degassing station and related pipeline works.

The front-end engineering and design (FEED) package has been carried out by Technip-Coflexip; US-based VECO is the project manager.

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