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Qatar Petrochemicals Delays Tenders for $5 Billion Al Shaheen Refinery by Six Months
BANGALORE, INDIA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--In view of the prevalent unfavorable market conditions, state-owned Qatar Petroleum (Doha, Qatar) has delayed the tendering process of key contracts for its proposed Al Shaheen refinery at the Mesaieed Industrial City in Qatar by about six months. The firm is currently in the process of reviewing the engineering, procurement and construction rates for the $5 billion refinery project.
Companies featured: GS Engineering & Construction Corporation (SEO:006360), Hyundai Engineering & Construction Company (SEO:000720), JGC Corporation (TYO:1963), Technip (EPA:TEC) (Paris), Chicago Bridge & Iron Company N.V. (NYSE:CBI), CTCI Corporation (TPE:9933), Daelim Industrial Company Limited (SEO:000210), Daewoo Engineering & Construction Company (SEO:047040), Foster Wheeler Limited (NASDAQ:FWLT), Jacobs Engineering Group Plc (NYSE:JEC), Honam Petrochemical Corporation (SEO:011170)
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Industry Segment: Petroleum Refining
Word Count: 676 Words
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