The technical bid deadline for the main package on the multi-billion-dollar onshore Sahil, Asab and Shah (SAS) full-field development in Abu Dhabi has been extended by six weeks to mid-April.
The client, Abu Dhabi Company for Onshore Oil Operations (Adco), extended the deadline at the request of the four bidding groups to allow them more time to prepare their offers.
The four groups are UAE-based Petrofac International, Spain's TR with Athens-based Consolidated Contractors International Company (CCC), Paris-based Technip with Dubai-based Dodsal, and Italy's Snamprogetti with India's Punj Lloyd (MEED 26:10:07).
The project involves increasing the total crude output capacity of the three fields from the current 385,000 barrels a day (b/d) to 445,000 b/d.
The cost of the project is understood to have increased considerably over the past two years due to rising material and equipment costs, and is now thought to be as high as $3.6bn, compared with an original budget of less than half that figure. Source
The client, Abu Dhabi Company for Onshore Oil Operations (Adco), extended the deadline at the request of the four bidding groups to allow them more time to prepare their offers.
The four groups are UAE-based Petrofac International, Spain's TR with Athens-based Consolidated Contractors International Company (CCC), Paris-based Technip with Dubai-based Dodsal, and Italy's Snamprogetti with India's Punj Lloyd (MEED 26:10:07).
The project involves increasing the total crude output capacity of the three fields from the current 385,000 barrels a day (b/d) to 445,000 b/d.
The cost of the project is understood to have increased considerably over the past two years due to rising material and equipment costs, and is now thought to be as high as $3.6bn, compared with an original budget of less than half that figure. Source
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