30 March 2008
Kuwait has awarded the construction of part of a planned 615,000 barrels per day refinery to US engineering firm Fluor, the head of the state-owned refiner told the Middle East Economic Survey (MEES).
The Fluor contract, covering utilities and offsite facilities, is worth two billion dollars out of the projected total cost of around $15 billion, Faruq al-Zanki, chairman of Kuwait National Petroleum (KNPC), told MEES. The remaining contracts will be awarded in late April, he said.
Kuwait in September prequalified 17 international companies to bid for the refinery after scrapping the first round of tenders because of inflated cost estimates. The planned facility will be south of Kuwait City in the Al-Zour area near the Saudi border.
Kuwait has awarded the construction of part of a planned 615,000 barrels per day refinery to US engineering firm Fluor, the head of the state-owned refiner told the Middle East Economic Survey (MEES).
The Fluor contract, covering utilities and offsite facilities, is worth two billion dollars out of the projected total cost of around $15 billion, Faruq al-Zanki, chairman of Kuwait National Petroleum (KNPC), told MEES. The remaining contracts will be awarded in late April, he said.
Kuwait in September prequalified 17 international companies to bid for the refinery after scrapping the first round of tenders because of inflated cost estimates. The planned facility will be south of Kuwait City in the Al-Zour area near the Saudi border.
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