Three-track Pearl GTL tanks

16 June 2006

Three companies are prequalified to submit technical bids on 26 June for the engineering, procurement and construction (EPC) contract covering the tank package on the Pearl GTL project. Estimated to be worth $250 million, the scope of works involves the construction of 38 storage tanks with total capacity of 900,000 cubic metres at the plant site and Ras Laffan port.

The EPC contract also includes piping, civil, structural and instrumentation works. No date has been set as yet for the submission of commercial bids. The prequalifiers are US-based Chicago Bridge & Iron (CB&I) and Daewoo Engineering & Construction Company and Hyundai Heavy Industries Company, both of South Korea.

The client is the Royal Dutch/ Shell Group, which plans in early August to make awards for a host of onshore EPC contracts as well as for the platforms package. Commercial bids were submitted in April for the estimated $300 million platform contract by Jebel Ali-based J Ray McDermott (Middle East) and Italy's Saipem with Sharjah-based Lamprell. The package will entail the installation of two wellhead jackets with processing topsides (MEED 14:4:06).

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