Posted inProducts & Services

GE wins US$2.7bn Kuwait power plant contract

Reports from Gulf state say US energy giant awarded huge contract

By Kevin Baxter  
GE wins US$2.7bn Kuwait power plant contract
GE wins US$2.7bn Kuwait power plant contract
By Kevin Baxter  

Other stories: Oil industry giants: Saudi Aramco | Top 10 MENA Region mega projects | Top 10 billion dollar oil deals of the summer | 2009’s winners and losers in the oil industry | 10 events in oil’s history that shook the world | Top 10 Gulf mega projects | Top 10 largest publicly traded oil companies | Top 10 National Oil Companies by production | World’s 10 largest oilfield services companies | World’s 10 largest oil and gas contractors

Sources in Kuwait have said that the US energy giant GE has followed up its recent multi-billion dollar contract award in Iraq by being selected to build the US$2.27 billion 2000 megawatts Subbiya power plant in the Gulf state.

Un-named sources were quoted by Middle East newspaper al-Watan as saying that out of the pre-qualified bidders GE had submitted the successful tender for the plant, which is expected to come on stream in 2011.

The other bidders include Siemens (Germany), Mitsui & Co and Marubeni Corporation (Japan), Iberdrola Ingenieria Y Construccion (Spain), and the Canadian contractor SNC-Lavalin Limited.
 

Staff Writer

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and...