Kuwait Oil Company plans network of new flowlines in southeast and west of Kuwait
The local Mechanical Engineering & Contracting Company (MECC) and Heavy Engineering Industries & Shipbuilding Company (Heisco) have submitted the lowest priced bids for two pipeline construction deals in Kuwait, worth more than $425m.
MECC submitted a bid of KD77.25m ($273.2m), beating rival proposals from six other local engineering, procurement and construction (EPC) firms for a deal to build a network of flowlines and associated works in the southeast of Kuwait.
Heisco submitted a price of KD42.9m ($157m) for a separate deal to build flowlines in the west of Kuwait, beating proposals from eight other firms.
Both sets of bids were submitted to state-upstream operator, Kuwait Oil Company (KOC) on 22 October bid round through the countrys Central Tenders Committee.
South East Kuwait flowlines bidders | KDm | $m |
---|---|---|
Mechanical Engineering & Contracting Company | 77.25 | 273.23 |
Combined Group Contracting Company | 80.49 | 284.69 |
Heavy Engineering Industries & Shipbuilding Company | 81.35 | 287.73 |
Consolidated Contractors Company | 83.55 | 295.51 |
Al Khadda International General Trading & Contracting Company | 86.36 | 305.45 |
Al Dar Trading & Contracting Company | 86.45 | 305.78 |
Gulf Spic General Trading & Contracting Company | 95.00 | 336.01 |
Source: CTC |
West Kuwait flowlines bidders | KDm | $m |
---|---|---|
Heavy Engineering Industries & Shipbuilding Company | 44.39 | 157.02 |
Arabi Energy and Technology Company | 48.55 | 171.71 |
Mechanical Engineering & Contracting Company | 53.18 | 188.10 |
Al Khadda International | 44.97 | 159.06 |
Mushrif Trading & Contracting Company | 46.95 | 166.07 |
Combined Group Contracting Company | 51.30 | 181.45 |
Gulf Spic General Trading & Contracting Company | 52.31 | 185.01 |
Consolidated Contractors Company | 42.92 | 151.81 |
Al Dar Trading & Contracting Company | 46.61 | 164.85 |
Source: CTC |
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