Chevron lines up Gendalo-Gehem bidders

Pre-qualification: Chevron chief executive John Watson

ROB WATTS

By Tan Hwee Hwee Singapore

 19 July 2012 22:59 GMT

Chevron has finalised the line-up of bidders for the offshore infrastructure needed for its multi-billion dollar Gendalo-Gehem gas project in the Kutei basin off Indonesia.

The US supermajor — led by chief executive John Watson — has pre-qualified three rivals for the first contract worth more than $1 billion for the construction of two large floating production units.

Italy’s Saipem, Indonesia’s Tripatra Engineering & Construction and South Korea’s Hyundai Heavy Industries are up against another group bid comprising South Korea’s Daewoo Shipbuilding & Marine Engineering, the UK’s Petrofac, Malaysia’s RNZ and Indonesia’s Inti Karya Persada Tehnik.

In addition, McDermott has submitted an individual bid, although the US contractor is understood to have roped in South Korea’s Samsung Heavy…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index