MENA Project Tracker— KOC to tender $650m expansion project; ADNOC subsidiary awaits final bid for storage project

The Abu Dhabi National Oil Co. Onshore — a subsidiary of ADNOC — is awaiting a final bid for its contract, which will build underground crude oil storage facilities at the Jebel Dhanna Terminal in Abu Dhabi.
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CAIRO: The Abu Dhabi National Oil Co. Onshore — a subsidiary of ADNOC — is awaiting a final bid for its contract, which will build underground crude oil storage facilities at the Jebel Dhanna Terminal in Abu Dhabi.

All fingers are pointing toward local contractor Al-Asab General Transport and Contracting as the bid winner as it matched the company’s price for the “Salt Dome” project.

ADNOC did not comment on these speculations, reported MEED.

KOC expansion project

The Kuwait Oil Co. will tender its latest expansion project worth 200 million Kuwaiti dinars ($650 million) for the construction of two effluent water disposal plants, reported MEED.

The project which was to be tendered by November this year has been pushed down to year end or early next year.