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|
|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|