Bahrain Petroleum Company (Bapco) has launched bidding to expand its Sitra oil refinery
The state-owned company aims to boost processing capacity of the country’s only oil refinery to 360,000 bpd from its current 267,000 bpd under its BAPCO modernisation Program (BMP), Reuters reported.
The expansion is expected to cost about US$5bn, according to industry sources.
Companies that are planning to submit bids and have formed consortia include: Japan’s JGC Corp and South Korea’s GS, Tecnicas Reunidas and Samsung Engineering; Fluor, Hyundai Engineering and Construction and Daewoo E&C; and CB&I and Petrofac.
South Korea’s GS E&C, Samsung Engineering, Hyundai E&C and Daewoo E&C added that they had received a request to bid and were currently preparing to do so.
Samsung Engineering revealed that it plans to bid as a joint venture with Technip and Tecnicas Reunidas.
Hyundai said it was preparing to bid with Daewoo E&C, itself a part of a consortium led by Fluor, Daewoo said.
The closing date for the bidding is 5 October and the award of the contract is expected to be made in Q1 or Q2 2017.
However, Bapco, CB&I and Petrofac have made no comments yet.
