State-owned operator Kuwait Oil Company (KOC) has relaunched the prequalification process for a design consultant contract for its Lower Fars heavy oil (LFHO) development programme.In a statement, KOC said that interested companies could apply to participate by making an online submission.Applicants have been advised to submit the applications at the earliest opportunity, “preferably not later than 2 June 2024”.The main package for phase one of KOC’s Ratqa Lower Fars heavy oil project was completed in 2019.Phases two and three have yet to start project execution.A consortium of UK-based Petrofac and Lebanon’s Consolidated Contractors Company won the $4.1bn contract for the main package of the first phase in January 2015.The scope of work covered greenfield and brownfield facilities. It included engineering, procurement, construction, pre-commissioning, commissioning, start-up and operations and maintenance work for the main central processing facility and associated infrastructure, as well as a production support complex.The broader project also includes a pipeline package worth $842m. This was won by Italy’s Saipem in July 2017.Phases two and three have previously been estimated to be worth $2bn each. (ICE KUWAIT)

Fonte notizia: Meed