South Koreans win Aramco institute contract

19 May 2010

SK Engineering will build residential blocks at King Abdullah Petroleum Studies Research Centre

State-oil company Saudi Aramco has awarded South Korea’s SK Engineering & Construction the estimated SR1.9bn ($506m) contract to build the residential buildings at King Abdullah Petroleum Studies Research Centre (Kapsarc) in Riyadh.

Aramco received bids in late-March for the contract, which involves the construction of 188 villas, two apartment blocks, a clubhouse and associated infrastructure.

The other bidders were:

  • Al-Yamama Company for Trading & Contracting (Saudi Arabia)
  • Baytur Construction & Contracting Company (Turkey)
  • Drake & Scull International (UAE)
  • El-Seif Engineering & Contracting (Saudi Arabia)
  • Hyundai Engineering & Construction (South Korea)
  • SK Engineering & Construction (South Korea)
  • Saudi Oger (Saudi Arabia)
  • Nesma & Partners Contracting Company (Saudi Arabia)

Kapsarc is located 8 kilometres south of King Khalid International Airport and was originally supposed to be tendered as a single contract. Aramco subsequently decided to split the contract into separate packages for the residential buildings and commercial buildings (MEED 24:12:09)

For the commercial buildings Aramco has invited contractors to submit bids bid by 9 August. The package involves the construction of the main buildings that includes basic retail facilities and a research centre, library and conference hall designed by London-based Zaha Hadid Architects.

The prospective bidders are:

  • Nesma & Partners Contracting Company (Saudi Arabia)
  • El-Seif Engineering & Contracting (Saudi Arabia)
  • Saudi Oger (Saudi Arabia)
  • SK Engineering & Construction (South Korea)
  • Baytur Construction & Contracting Company (Turkey)
  • Drake & Scull International (UAE)
  • Al-Yamama Company for Trading & Contracting (Saudi Arabia)
  • Daewoo Engineering & Construction Company (South Korea)
  • Hanwha Saudi General Contracting Company (Saudi Arabia/South Korea)
  • GS Construction (South Korea)
  • Al-Muhaidib Trading & Contracting Establishment (Saudi Arabia)
  • Bouygues (France)
  • China State Construction Company (China)
  • Posco Engineering & Construction Company (South Korea)

Saudi Aramco launched the Kapsarc project in March 2009 as part of a $60bn investment programme, which includes the development of offshore and onshore oil production facilities.

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