The selection follows recon­sideration of a tender round that initially saw a partnership of ­Hyundai Heavy Industries and KBR putting in the lowest bid, with Petrofac-Daewoo submitting one of the higher price offers.

The client, Upper Zakum Development Company (Zadco), is expected to announce the contract award in February, say sources.

The selection of Petrofac-­Daewoo as low bidder was made after Zadco effectively re-ran the September price tender favouring Hyundai-KBR, a source said.

The