Bloomberg News

Kuwait Refinery Attracts Five International Bidders, Al-Rai Says

By Dahlia Kholaif
July 02, 2012

Companies Mentioned

  • FWLT

    Foster Wheeler AG

    • $24.79 USD
    • 0.72
    • 2.9%
  • FLR

    Fluor Corp

    • $63.28 USD
    • 0.97
    • 1.53%
  • TKPPY

    Technip SA

    • $28.53 USD
    • 0.54
    • 1.89%
Market data is delayed at least 15 minutes.

A plan by Kuwait to construct a 4 billion-dinar ($14 billion) oil refinery and upgrade two existing ones attracted bids from five international companies to provide consultation services, Al-Rai reported, citing unidentified oil officials.

The bidders are Foster Wheeler AG (FWLT), Fluor Corp. (FLR), Technip SA (TKPPY), Amec Plc (AMEC) and Worley Parsons Energy Services LLC, the newspaper said.

Kuwait National Petroleum Co., the state-run refiner, will finish evaluating the bids by the end of the month, Al-Rai said, adding that the new refinery will have a capacity of 615,000 barrels a day.

To contact the reporter on this story: Dahlia Kholaif in Kuwait at dkholaif@bloomberg.net.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus