Japanese oil and gas engineering group Chiyoda Corp said on Tuesday it and South Korea's Samsung Engineering Co are preparing to bid for an export refinery project led by Saudi Aramco.

The order is estimated to be worth 200 billion yen ($1.8 billion).

Chiyoda President Takashi Kubota also told Reuters in an interview that the company plans to announce one or two alliances with other engineering firms when it unveils half-year results in November. - Reuters