Opec members Kuwait and Saudi Arabia have delayed bidding for onshore and offshore gas work contracts at the Hout oilfield until early September, industry sources said yesterday.
Bidding was originally due to close on June 6, but was later extended to August 1 and has now been pushed back to September 5, sources said. The project involves building offshore gas gathering facilities, pipelines and onshore gas facilities. Contractors bidding for the onshore and offshore portions of the project can submit combined proposals.
The bid extension was widely expected as contractors had asked for a delay of at least four weeks.
Source: Reuters
