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Aramco Set to Award $3Bn Manifa Work: Snamprogetti, JGC Corporation and TR in Line to Win Engineering, Procurement and Construction Contracts
Beginning of article
Three international contractors have emerged as frontrunners to win more than $3bn worth of engineering, procurement and construction (EPC) contracts on Saudi Aramco's 900,000-barrel-a-day (b/d) Manifa oil field.
The firms understood to have submitted the lowest bids for the three main packages are Italy's Snamprogetti, Japan's JGC Corporation and Spain's TR, following commercial evaluation by Aramco.
The first package, worth about $1.8bn, covers the construction of central processing facilities including a gas-oil separation plant. Snamprogetti is in pole position for the package, edging ahead of JGC, TR, South Korea's Hyundai Engineering & Construction Company, …
