Spain’s Tecnicas Reunidas among frontrunners for Aramco’s Fadhili gas plant: report

Spain’s Tecnicas Reunidas has submitted the lowest prices for two engineering, procurement and construction (EPC) packages for Saudi Aramco’s Fadhili gas plant, MEED reported citing unnamed sources.

Bids for the packages were submitted in July.

The lowest bid for package 1, which covers the central gas processing facility, was valued at $2 billion, while the proposal for package 2 – the off-sites and utilities – was less than $1bn, the report said.

For package 3, the sulphur recovery unit, the two lowest bidders were UK-based Petrofac and a consortium of South Korean groups Daewoo Engineering & Construction and Samsung Engineering. The lowest bids for package 3, which received the most proposals, came in at between $1.35 billion and $1.7 billion.

The Fadhili plant will process sour gas from the Khursaniyah oil field and the Hasbah non-associated gas field. The project, along with other gas projects at Wasit and Midyan, will go towards meeting rapidly-growing domestic gas demand in the kingdom.