Saudi Aramco: Ras al-Khair Bidding Extended

Saudi Arabian national oil company, Saudi Aramco, has extended bidding for dredging and land reclamation works at its marine terminal in Ras al-Khair by almost one month, Reuters informs.

The extension, pushing out the submission date from August 31 to September 29, was given after potential bidders asked for more time to prepare offers.

The project is the first phase of a huge ship repair and shipbuilding complex in the east of the country seen as key in the kingdom’s economic transformation plan.

Reuters said that nine bidders are planning to participate, including Boskalis, Hyundai Engineering & Construction and Jan de Nul, among others.

The project at the eastern Saudi port of Ras Al Khair will be operated by a joint venture between Aramco, the National Shipping Company of Saudi Arabia (Bahri), United Arab Emirates-based Lamprell and South Korea’s Hyundai Heavy Industries.

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