Saudi Aramco has extended bidding for dredging and reclamation work at its marine terminal in Ras Al-Khair by almost one month, industry sources told Reuters.
The extension, pushing out the submission date to Sept. 29 from Aug. 31, was given after potential bidders asked for more time to prepare offers, the sources said.
However, some bidders are expected to ask Aramco for several more weeks after the company requested this week additional content be included in submissions, one of the sources added.
The project is the first phase of a huge ship repair and shipbuilding complex in the east of the country seen as key in the kingdom’s economic transformation plan.
Nine bidders are planning to participate including Boskalis, Hyundai Engineering & Construction, and Jan de Nul, among others.
Saudi Aramco said it did not comment on rumor or speculation, while Boskalis declined to comment and Jan de Nul did not comment.
A spokeswoman for Hyundai E&C said the company planned to enter the next round of bids.
The project at the eastern port of Ras Al-Khair will be operated by a joint venture between Aramco, the National Shipping Company of Saudi Arabia (Bahri), UAE-based Lamprell and South Korea’s Hyundai Heavy Industries.
Two sources said the infrastructure would be developed by Saudi Aramco before the project as a whole was handed over to the joint venture.
Saudi Aramco has extended bidding for dredging and reclamation work at its marine terminal in Ras Al-Khair by almost one month, industry sources told Reuters.
The extension, pushing out the submission date to Sept. 29 from Aug. 31, was given after potential bidders asked for more time to prepare offers, the sources said.
However, some bidders are expected to ask Aramco for several more weeks after the company requested this week additional content be included in submissions, one of the sources added.
The project is the first phase of a huge ship repair and shipbuilding complex in the east of the country seen as key in the kingdom’s economic transformation plan.
Nine bidders are planning to participate including Boskalis, Hyundai Engineering & Construction, and Jan de Nul, among others.
Saudi Aramco said it did not comment on rumor or speculation, while Boskalis declined to comment and Jan de Nul did not comment.
A spokeswoman for Hyundai E&C said the company planned to enter the next round of bids.
The project at the eastern port of Ras Al-Khair will be operated by a joint venture between Aramco, the National Shipping Company of Saudi Arabia (Bahri), UAE-based Lamprell and South Korea’s Hyundai Heavy Industries.
Two sources said the infrastructure would be developed by Saudi Aramco before the project as a whole was handed over to the joint venture.
Source: Arab News
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