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May 24, 2022updated 23 May 2022 3:24pm

Oman LNG receives bids for framework agreement

The majority Omani government-owned LNG producer intends to appoint consultants to provide EPCm services for future projects.

By MEED   

Oman LNG has received proposals for a tender for the provision of engineering, procurement, and construction management (EPCm) services under a framework agreement for future projects.

Consultants submitted bids for the framework agreement tender to Oman LNG by the deadline of 10 May, according to a source. The previous deadline for consultants was 26 April.

It is understood the Omani government-controlled liquefied natural gas (LNG) producer has committed a total budget of $75m for undertaking projects at its main operational site in Qalhat, near Sur, situated along the Gulf of Oman coast.

The framework agreement will have a duration of three years, with an extendable option of two years, sources say.

Firms understood to have been invited to bid for the EPCm tender include:

  • Bilfinger Tebodin (Netherlands)
  • Fluor (US)
  • KBR (US)
  • Mott MacDonald (UK)
  • Tecnicas Reunidas Engineering Consultancy (Spain)
  • Wood (UK)

Oman LNG could select more than one consultant for the EPCm framework agreement, they added.

Oman LNG is a joint venture of the sultanate’s Ministry of Energy and Minerals, which holds the majority 51% stake, and foreign stakeholders.

The remaining 49% is held by UK/Dutch Shell (30%), France’s Total (5.54%), South Korea’s Korea LNG (5%), Japan’s Mitsubishi Corporation (2.77%), Japan’s Mitsui & Co (2.77%), Thailand’s PTTEP, following the acquisition of Portuguese firm Partex (2%); and Japan’s Itochu Corporation (0.92%).

Oman LNG secured $2bn of project financing in 1997 to set up its first LNG export terminal in the sultanate, the Qalhat LNG terminal, which was commissioned in 2000.

Oman LNG operates three gas liquefaction trains at its site in Qalhat, with a nameplate capacity of 10.4 million tonnes a year.

From 1 September 2013, Qalhat LNG was integrated with Oman LNG to form a single entity.

The terminal exports gas produced by state energy firm Petroleum Development Oman (PDO) from its central Oman gas field complex.

This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here.

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