The UAE and Kuwait are set to award engineering contracts as early as August for two refinery projects and an import terminal for liquefied natural gas, Fluor Corp said.
Fluor, based in Irving, Texas, is bidding on management contracts in Kuwait to build one refinery and upgrade a pair of older plants so they can produce cleaner-burning gasoline and diesel, said Colin McKenzie, the company’s vice-president for Saudi Arabia. Each of the two projects is valued at about $15 billion (Dh55 billion), he said by telephone July 17.
“By the end of August or early September, the client will pretty well know who they’re going to go with,” McKenzie said, referring to Fluor and its competitors.
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