Tecnicas wins KOC telemetry work

15 July 2005
Spain's Tecnicas Reunidashas been awarded the KD 14.3 million ($48.2 million) contract to install a telemetry system for the state's southern oil fields. The work is expected to take about two years. State-owned upstream operator Kuwait Oil Company (KOC)is the client.

The engineering, procurement and construction (EPC) contract calls for the installation of a supervisory control and data acquisition (SCADA) system, a management information system (MIS) and control systems to detect oil and gas leaks along the network of pipelines owned by the client.

South Korea's Daelim Industrial Companywas the only other contractor to bid, submitting an offer of KD 19 million ($65.5 million) when prices were opened last October. SK Engineering & Construction, also of South Korea, and UAE-based Petrofac Internationalwere the other companies prequalified to bid (MEED 22:10:04).

The safety system is designed to help prevent accidents of the kind that occurred at the Rawdhatain oil field in early 2002.

An explosion on a main pipeline reduced Kuwait's oil production by about 600,000 barrels a day and caused damage estimated at $160 million (MEED 12:4:02).

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