Highlights
Duqm Refinery signs EPC contracts
Duqm Refinery, a joint venture equally owned by Oman Oil Company and Kuwait Petroleum International, recently signed contracts with its engineering, procurement and construction (EPC) contractors for building the 230,000 barrels per day (bpd)-refinery in Duqm.
This was a follow-up from the intention to award EPC contracts announced by the project in mid-2017, according to a press release.
Duqm Refinery’s EPC scope of work was divided into three separate packages. The scope of first EPC included the process units of the refinery, while the second EPC consisted of the utilities and offsite facilities. The third EPC package included the product export terminal in Duqm Port, the Duqm Refinery dedicated crude storage tanks in Ras Markaz and the 80 km interconnecting pipeline from these crude tanks to Duqm Refinery.
“This mega project will ultimately lead towards transforming Duqm area into one of the most important hubs for encouraging and promoting energy related industries regionally as well as internationally,” said Eng. Nabil Bourisli, Chairman of Duqm Refinery. “The project creates a great value proposition and can enhance prosperity for both countries,” he added.
The Duqm Refinery is being established in the special economic zone of Duqm. It is a project that would synergize the area of Duqm and make it a viable and strategic energy hub in the region.
The first EPC package for building processing units was won by a joint venture of Tecnidas Reunidas and Daewoo Engineering & Construction Co. The second package for developing utilities and offsite facilities was bagged by a joint venture of Petrofac International Limited and Samsung Engineering Co Limited.
Also, the third package for offsite facilities was awarded to a joint venture of Saipem SpA and CB&I.
The initial mobilisation of both Duqm Refinery and the contractor personnel is scheduled to commence in the third quarter of 2018.
-
Economy4 days agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines2 weeks agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Banking & Finance1 month agoSohar International Contributes OMR100,000 to Support Those Affected by Al Masarrat Weather Conditions
-
OER Magazines1 month agoOER, March 26
-
News2 months agoReal Estate Price Index in Oman Grows By 13.9%
-
Economy4 weeks agoOPINION: War, Climate, and the Costs We Choose Not to See
-
Oman2 days agoREVIEW: WHOOP and the Rise of Performance Luxury
-
News4 weeks agoHussain Al Maimani Joins MHD Infotech as Senior General Manager

You must be logged in to post a comment Login