JGC bids low for DEL work

26 September 2003
Japan's JGC Corporation is the clear frontrunner to take the largest engineering, procurement and construction (EPC) package on the Dolphin gas project, after having submitted a highly-competitive low bid for the gas treatment and compression facility at Ras Laffan. According to the commercial prices, opened on 17 September in Doha, JGC's price of just under $1,600 million is some 16 per cent below the next lowest quote, offered by Italy's Saipem with South Korea's Hyundai Engineering & Construction Company. For the offshore packages, the client, Dolphin Energy (DEL), is expected to open commercial bids in late September (MEED 19:9:03).

JGC is the only one of the four groups of bidders pricing the contract on its own. The contract involves the construction of a gas processing and compression plant at Ras Laffan with capacity of 2,600 million cubic feet a day of gas. It also covers natural gas liquid (NGL) recovery units. The plant will deliver dry gas into the Dolphin pipeline to the UAE, as well as supply ethane feedstock to the proposed Ras Laffan cracker, which will have capacity of 1.3 million tonnes a year.

Commercial bids are already in for the three offshore EPC packages, covering the platforms, the sealines and the export pipeline. All the major EPC packages are due to be awarded in November, allowing commissioning of the $3,500 million project by late 2006.

A MEED Subscription...

Subscribe or upgrade your current MEED.com 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