Three in race for ADOC’s Hail development job

Sources said commercial bids were submitted by Abu Dhabi’s National Petroleum Construction Company, India’s Essar Projects and Spain’s Tecnicas Reunidas earlier this year and are now being assessed by ADOC.

“They (ADOC) are working on the bids. We believe that the price bids for the Hail project should be opened soon,” one source close to the development said.

One industry source suggested that the Hail development contract could be valued between $200 million and $300 million.

“We