Tecnicas Reunidas, Saipem and Petrofac are among the bidders
Seven companies have submitted bids for Saudi Aramcos Hawiyah gas plant expansion project, according to an industry source.
The bidders are:
- Hyundai Engineering & Construction (South Korea)
- CTCI (Taiwan)
- Larsen & Toubro (India)
- Saipem (Italy)
- Petrofac (UK)
- Samsung Engineering (South Korea)
- Tecnicas Reunidas (Spain)
The deal is estimated to be worth between $1bn and $1.3bn, and is part of a larger megaproject to expand gas processing capacity at Haradh and Hawiyah, which is expected to be worth $4.5bn.
Bids were submitted for the expansion scheme after a series of extensions to the deadline. Initially the deadline was set for 3 July 2017. This was subsequently pushed back to 1 August, then to 13 August.
The scheme will increase the Hawiyah plants capacity to 1,360 million cubic feet a day.
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