Four groups are competing for the contract. They are:
Hyundai Engineering & Construction
and LG Engineering & Construction
, both of South Korea, with the UK’s Foster Wheeler Energy
and the local Iran Shipbuilding & Offshore Industries Company (Isoico)
of Japan, with Daelim Industrial Company
of South Korea and local Industrial Development & local Renovation Organisation (IDRO)
with Oil Industries & Engineering Company (OIEC)
and Saff Offshore
, both local; and
, the engineering arm of the Islamic Revolutionary Guards Corps, with Iran Marine Industries (Sadra)
The project will produce 50 million cubic metres a day of treated gas for domestic use, 1 million tonnes a year (t/y) of liquefied petroleum gas (LPG) for export, 80,000 barrels a day of condensates, also for export, and 1 million t/y of ethane for use in local petrochemical projects. Sulphur recovery on the phases will run to 800 tonnes a day for export, twice the level of previous South Pars projects.
Bidders for the project will also be invited by POGC to offer proposals for the next South Pars development – phases 17 and 18.