News dalla rete ITA

15 Aprile 2025

Kuwait

KUWAIT SETS LATE APRIL DEADLINE FOR OIL PROJECT TENDER

State-owned upstream operator Kuwait Oil Company (KOC) has extended the bid deadline for its planned project focused on developing Jurassic Light Oil (JLO) export facilities and upgrading the existing export network.The main contract bid submission date for the project, which is understood to have a budget of KD175m ($569m), has been changed to 27 April 2025.Previously it was 6 April 2025.The bid deadline has already been extended multiple times since it was originally tendered in October last year with a bid submission deadline of 1 December 2024.In an announcement in April this year, the list of prequalified bidders was made up of 15 companies:CTCI (Taiwan)Daewoo (South Korea)Fluor (US)Hyundai Engineering & Construction (South Korea)Hyundai Engineering Company (South Korea)Hyundai Heavy Industries (South Korea)JGC Corporation (Japan)Larsen & Toubro (India)NMDC Energy (UAE)Petrofac (UK)Saipem (Italy)Samsung Engineering Company (South Korea)Sinopec Engineering Corporation (China)Sinopec Luoyang Engineering Company (China)Tecnicas Reunidas (Spain)In September 2024, KOC made a second announcement about the project, stating that just 13 companies were prequalified.Both Hyundai Heavy Industries and NMDC Energy had been removed from the list.At the time, KOC said that companies not included on the list could file a complaint against their non-inclusion before the official invitation to bid on the project.It is unclear whether more prequalified companies have been added or removed from the list since September. (ICE KUWAIT)


Fonte notizia: Meed