Page 11 - MEOG Week 14 2021

MEOG TENDERS MEOG

KOC receives bids for

Jurassic gas projects

KUWAIT STATE-OWNED Kuwait Oil Co. (KOC) has capacity of 100,000 barrels per day (bpd) of
received bids for contracts to construct facilities light crude and 300mn cubic feet (8.5mn cubic
for Jurassic gas production in the north of the metres) per day of gas.
country. International bidders are understood to be
Quoting KOC sources, the local Arabic lan- UK-based Petrofac, Korean firms Samsung
guage Al-Anba daily said that bids had been Engineering and Daewoo Engineering & Con-
received from several local and foreign firms. struction, JGC of Japan, and Kellogg Brown &
The update follows an invitation late last year to Root (KBR) of the US.
bid from the government’s Central Agency for Meanwhile, Kuwaiti firms National Alliances
Public Tenders (CAPT) for Jurassic gas produc- for Projects Co. and Al-Manafei General Trad-
tion facilities (JPF) 4&5 aimed at adding more ing and Contracting were also said to be in the
than 1bn cubic feet (28mn cubic metres) per day running, with the latter bidding on behalf of two
of gas production capacity. international companies.
The deposit for bidders was set at $28mn, Kuwait discovered large reserves of Jurassic
with the deadline for bids determined for gas in the north of the country in the middle
December 22. of last decade. After lengthy delays over poten-
The KOC sources said that the lowest bids for tial IOC involvement, it finally awarded three
the two facilities had been submitted by Chinese build-own-operate (BOO) contracts in 2016 to
company Jereh Oil & Gas Engineering and local install early production systems (EPSs) at the
firm Spetco International Petroleum. East Raudhatain, West Raudhatain, Sabriya and
Jereh was said to have submitted a bid of Umm Niqa fields.
$490.6mn for the JPF-4 package, while Spetco KOC had initially planned to carry out the
was reported to have bid $489.4mn for JPF-5. second phase of development through a single
One source said: “KOC received bids for the EPC contract – tendering the estimated $3.9bn
two packages from five local and foreign compa- so-called Jurassic Gas 1 facility in September in
nies … by submitting the lowest bids, those two 2018.
firms are now closer to winning the contracts.” However, the tender was cancelled two
Meanwhile, Kuwaiti firm Oil and Gas Field months later in the wake of disputes over con-
Services was reported to have submitted the sec- tracting strategy and – with the authorities hav-
ond lowest bid for JPF-4 ($529.2mn) and fellow ing agreed to revert to dividing up the scheme
local company Alkhorayef Group was the sec- into several EPSs – the project was further
ond-lowest bidder ($549.1mn) for JPF-5. delayed by disagreements between KOC and
The wider project is expected to have a total the CAPT over the prequalification process.™

Week 14 07•April•2021 www. NEWSBASE .com P11