State-owned Petroleum Development Oman (PDO) is expected to award Canada’s SNC-Lavalin a $150 million contract for the expansion of an upstream gas plant in the Sultanate, reported Reuters. The deal would increase the plant’s output to 60 million cubic meters of gas per day from its current 40 million cubic meter production level.
PDO revealed that it has already chosen the winner among the four bidders but is waiting for government approval before announcing its selection. SNC-Lavalin was competing against Oman’s Al-Hassan Engineering, US-based Petrofac with local partner Galfar Engineering, South Korea's Daelim and Italy’s Snamprogetti for the deal.
PDO is a hydrocarbon exploration and production company, responsible for the production of over 95 percent of the Sultanate of Oman's Oil. PDO, the country's second-largest employer after the government, is a consortium 60 percent held by the Omani government, 34 percent by Shell, four percent by Total and two percent by Partex. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
