Oman invites bids for major oil project

Muscat, May 28, 2012

Petroleum Development Oman (PDO) has invited tenders for a major project that involves construction of four parallel compression trains with a total capacity of 30 million standard cu m of gas per day at Saih Rawl area, said a report.

Presently the largest gas field in the country, Saih Rawl has been in production since 1991, catering to much of gas demand in the north of the Sultanate.

The Saih Rawl Depletion Compression (SRDC) project is critical to PDO for ensuring that gas exports to major consumers are maintained and at the prescribed pressure and in the requisite volumes, said a report in Oman Observer.

A premier hydrocarbon exploration and production firm in the Sultanate, PDO said leading construction and engineering firms have submitted financial and technical bids for the second phase of the SRDC project.

The phase 2 development comes close on the heels of the inauguration last month of the first phase of the SRDC project - an estimated $550 million investment that reinforces PDO’s dominant place at the heart of Oman’s flourishing gas industry, it added.

Tags: Oman | Petroleum Development Oman | tenders | oil project |