Petrofac, in a 50/50 joint venture with Samsung Engineering, has received notification of intent to award a contract worth approximately US2 bn with Duqm Refinery and Petrochemical Industries (DRPIC) in the southern part of Oman.
Work on the 47-month project is expected to commence soon, said Petrofac. The contract is for engineering, procurement, construction, commissioning, training and start-up operations of all the utilities at Duqm.
The engineering, procurement and construction (EPC) contract for building the proposed 230,000 bpd Duqm Refinery’s main processing plants was awarded to a joint venture of Tecnicas Reunidas and Daewoo Engineering & Construction. Duqm Refinery is a joint venture between Oman Oil Company and Daewoo Engineering & Construction.
The contract for the building of a product export terminal at the Duqm port, dedicated crude storage tanks in Ras Markaz, and an 80 km pipeline connecting the two, has reportedly been awarded to Saipem. The contract is valued at USD800 mn.