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MENA Project Tracker: Contractors prepare for two Libyan drilling projects; Bids invited for $500bn Saudi Oxagon project and Alinma HQ

MENA Project Tracker: Contractors prepare for two Libyan drilling projects; Bids invited for $500bn Saudi Oxagon project and Alinma HQ
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Updated 09 May 2022

MENA Project Tracker: Contractors prepare for two Libyan drilling projects; Bids invited for $500bn Saudi Oxagon project and Alinma HQ

MENA Project Tracker: Contractors prepare for two Libyan drilling projects; Bids invited for $500bn Saudi Oxagon project and Alinma HQ

RIYADH: Contractors in the Middle East North Africa region are getting ready to submit bid documents for two Libyan drilling contracts, while others are preparing to be part of Saudi’s $500 billion Oxagon project. Meanwhile, bids have been invited for Alinma Bank’s headquarters in Riyadh. 

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·Several contractors are set to submit pre-qualification papers by May 30 for two Libyan drilling contracts as part of the $3 billion Mellitah offshore complex expansion project, Meed reported. 

While the first contract covers the drilling of eight wells, the second contract covers the drilling of 23 wells, both in Block NC41 region.

Marine

·Saudi future city Neom is giving contractors until July 3 to bid for a contract to deliver dredging and quay wall works for the Kingdom's eight-sided floating city in the Red Sea Oxagon, Meed reported.  

Launched by Crown Prince Mohamed bin Salman in November, Oxagon is a project estimated to have a total value of $500 billion.

Tower

·Bidders for ¶¶Òõ¶ÌÊÓƵ-based Alinma Bank’s headquarters project in Riyadh have been reported to have until May 22 to submit their bids, Meed reported. 

The package includes civil, structural, architectural, and electromechanical works.