Monday, July 9, 2007

Around 30 companies submit bids for Kuwait refinery

(Reuters) - French firm Technip, U.S. firms KBR, Bechtel and Foster Wheeler and Italy's Snamprogetti had submitted pre-qualification bids which were due by July 3, Kuwaiti daily al-Jarida said.




In May Kuwait doubled the planned budget to $12 billion for the plant, which would be the largest single refinery in the Middle East. Rapidly rising costs in the energy industry have delayed the project and threatened its viability.


Read more at Reuters.com Business News

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