Japan’s JGC Corporation is understood to have submitted a low bid at about $92 million for the contract. Its offer is some 5.4 per cent cheaper than the next quote of about $97 million, offered by Paris-based Technip-Coflexipwith the local National Petroleum Construction Company. The prices submitted by two other bidders – US-based Foster Wheeler Corporation and Italy’s Snamprogetti– are above $100 million.
The project, targeted for completion at the end of 2004, calls for a 100,000-barrel-a-day (b/d) expansion in production capacity. At present, the onshore field has 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. The US-based VECO is the project manager.