Three lead race for Marjan's $6 billion

摘要

UP to three contractors have emerged as frontrunners to land at least $6 billion worth of onshore orders related to Saudi Aramco's huge Marjan incremental development project, writes Nishant Ugal. Multiple industry sources told Upstream that Aramco has opened commercial offers for five big onshore packages and is set to award the contracts within weeks. The quintet of packages up for grabs - packages 6, 9, 10, 11 and 12 - together make up the oil and gas surface facilities that underpin this Marjan project. Italy's Saipem is understood to be in pole position for packages 6 and 10, while Spain's Tecnicas Reunidas is thought to be well-placed to land packages 9 and 11. South Korean giant Hyundai E&C, meanwhile, is the frontrunner to secure package-12, said sources. However, one source cautioned that Aramco had yet to arrive at a final decision on the winners. In addition to the trio tipped to take the contract spoils, UK-listed Petrofac, India's Larsen & Toubro and a consortium comprising UK-based TechnipFMC and South Korea's Samsung are thought to have submitted bids for some of the Marian packages, added sources.