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.