Chinese fabricator Offshore Oil Engineering Company (COOEC) has formed a partnership with UK-listed Petrofac to jointly bid for the engineering, procurement, construction and installation (EPCI) contract for developing the offshore Dorra non-associated gas field in the neutral zone between Saudi Arabia and Kuwait.
The two companies have signed a memorandum of understanding to jointly pursue the giant tender, which sources said could be launched in the first half of next year. The Dorra EPCI contract could be worth up to $1.5 billion, sources suggested.
Source: Upstreamonline
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