Kuwaiti state upstream firm KOC has for the second time awarded a contract to build a pipeline to deliver crude oil to a new 615,000 b/d refinery under construction at Al-Zour in Kuwaiti portion of the Neutral Zone. Kuwait’s Supreme Petroleum Council canceled the original contract – awarded to Dubai’s Dodsal Group at a cost of KD260mn ($853mn) – after the government’s central tenders committee heard that the bid was not the lowest. India’s Larsen & Toubro had submitted a KD230mn ($754mn) bid, but later withdrew from the tender (MEES, 10 February).
This week Italy’s Saipem announced it has been awarded a contract worth “approximately $850mn” for engineering, procurement, construction and commissioning a “system of pipelines” totaling 450km “for the transportation of crude oil and gas from various KOC South Tank Farm manifolds [at Mina al-Ahmadi 50km to the north] to the new Al-Zour refinery.” (CONTINUED - 545 WORDS)
