Seven companies submit bids for Saudi gas plant expansion

16 August 2017

Tecnicas Reunidas, Saipem and Petrofac are among the bidders

Seven companies have submitted bids for Saudi Aramco’s 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 plant’s capacity to 1,360 million cubic feet a day.

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