Six project managers bid for KOC work

13 December 2002

The US' Kellogg Brown & Root (KBR) is the low bidder to provide project management consultancy (PMC) services to Kuwait Oil Company (KOC) for all its future projects. The US firm submitted the lowest bids for both the area 1 and area 2 contracts, offering quotes of KD 36.3 million ($116.8 million) and KD 38.9 million ($125.2 million) respectively. Area 1 covers the northern oil fields, while area 2 is for the south and west oil production facilities (MEED 29:11:02; 25:10:02).

Six international companies submitted bids by the 10 December deadline. KBR is followed by another US firm, Fluor Daniel, which bid KD 36.4 million ($117.2 million) for area 1 and KD 39.4 million ($126.8 million) for area 2.

The US' Parsons Engineering Corporation is currently providing PMC services for all KOC projects under an estimated $45 million-50 million contract awarded in late 2001. The contract is due to expire on 13 June. KOC has the option to award the new five-year contracts together or separately (MEED 30:11:01).

KOC plans several new projects, including the construction of a 11.4 million-barrel oil storage and export facility at Ahmadi and a new gas gathering centre with capacity of at least 200,000 barrels a day in the north (Kuwait, MEED Special Report, 28:6:02; 17:5:02).

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications