Saudi Aramco receives bids for contracts in gas expansion drive
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco has received bids from international engineering companies to build gas booster compressor stations at Haradh and Hawiyah, industry sources said, as the country plans to diversify its energy mix.
Photo courtesy of Saudi Aramco. |
The contracts are part of a $4 B scheme to increase gas production in the country for domestic consumption.
Saudi Arabia's domestic gas demand has been rising mainly due to the growth of industrial sectors, which the country wants to develop further.
Last week, Asian and European companies submitted bids for the expansion of the Hawiyah gas plant. Aramco plans to expand the processing capacity at Hawiyah by 1.3 Bscfd. It currently processes 2.5 Bscfd of gas.
The companies that have made bids are: South Korean Hyundai Development Co Engineering & Construction (HDEC), GS Engineering and Construction, Spain's Tecnicas Reunidas, Italy's Saipem, Chinese Shandong Electric Power Construction Corp (SEPCO), India's Larsen and Toubro (L&T), Taiwan's CTCI and Britain's Petrofac
Taiwan’s CTCI said they had made a bid for the project, declining to give details.
Hyundai Development Co Engineering & Construction said the company submitted the bid, expecting results to be out at the end of the year or early next year.
TR was not available for comment and Petrofac provided no comment.
Saudi Aramco did not immediately respond to an emailed request for comment.
Saudi Aramco is implementing a two-phase plan to expand its Master Gas System, built in the mid-1970s to gather and process associated gas from oil wells for domestic industry.
It is scheduled to complete the first phase of the capacity expansion of system by the end of this year by installing facilities, including the booster compressor stations.
A second phase of expansion of the MGS will bring capacity up to 12.5 Bscfd in 2019.
Reporting by Reem Shamseddine, additional reporting by Yuna Park, Karolin Schaps, Robert Hetz, Faith Hung, Stephen Jewkes. Editing by Jane Merriman
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments