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FINANCIAL NEWS
Kuwait awards Spanish Tecnicas Reunidas USD3.3b gas deal
10 May 2015
(MENAFN) Kuwait has awarded Spain’s Tecnicas Reunidas company an EPC contract to build a gas treatment unit at its Mina Al-Ahmadi oil refinery, Emirates 24/7 reported.
Kuwait’s central tenders committee has agreed to pre-qualify a number of global firms to bid for a project to construct a pier and LNG import units at Al-Ahmadi at cost of USD3.3 billion.
Kuwait National Petroleum Company (KNPC) awarded the engineering, procurement and construction contract to the Spanish firm’s local agent Al-Ajran General Trading and Contracting.
In 2014, Kuwait awarded a contract to upgrade Al-Ahmadi refinery as part of the multi-billion dollar clean fuel project that, involving the updating of Mina Abdullah refinery and the construction of Al-Zour refinery.
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