Duqm Refinery EPC packages awarded
MUSCAT, August 7, 2017 – Three EPC packages for the Duqm Refinery have been awarded, Omani media reported on Saturday.
A first package, for building the refinery’s main processing plants, was awarded to a joint venture of Tecnicas Reunidas and Daewoo Engineering & Construction Company, according to the Times of Oman report. The price tag of the deal was not specified.
A second package, for building utilities and some facilities, went to a joint venture of Petrofac International and Samsung Engineering Company. The second package is valued at USD 2 billion and expected to take 47 months for completion.
Saipem won a third package of unannounced value, which covers building a product export terminal at the Duqm port, dedicated crude storage tanks in Ras Markaz and an 80-kilometre pipeline connecting crude tanks with the refinery complex.
The Duqm Refinery and Petrochemical Complex is being developed by Duqm Refinery and Petrochemical Industries Company, a 50/50 joint venture between Oman Oil Company and Kuwait Petroleum International to process around 230,000 bopd.
The refinery’s primary products will include diesel, jet fuel, naphtha and LPG.