O&G’s bid is 28 per cent lower than the next best price of KD7.3m ($27m) from the local KCC Engineering & Contracting Company. Thge local Alghanim International General Trading & Contracting Company came third on price at KD7.9m ($29.3m).
Ten other local contractors priced the work.
The lump-sum engineering, procurement and construction job involves the installation of a 20-inch-diameter, 25-kilometre-long crude pipeline running between the new main crude export pipeline and the oil-fired Doha East power and desalination plant. The pipeline is expected to be operational for 30 years (MEED 17:1:08).
The client, state-upstream operator Kuwait Oil Company (KOC), is expected to take about three months evaluating the bids before making an award.