Petrofac JV awarded $2 bln refinery contract in Oman

Barsaba Taglieri
Agosto 5, 2017

Vehicles operate at a port in Duqm SEZ.

Petrofac and South Korea's Samsung have together all-but landed a $2 billion deal to build a new refinery in Oman.

The 47-month contract awaits final closure and full notice to proceed from Duqm Refinery & Petrochemical Industries (DRPIC).

The scope of the work would include engineering, procurement, construction and commissioning of the plant as well as training and start-up operations.

The development in the Duqm economic zone in Oman occupies more than 2,000 acres of land and, when completed, the refinery will have a capacity to produce about 230,000 barrels of oil per day.

E Sathyanarayanan, group managing director, engineering & construction, at Petrofac, said: "This significant project represents our twelfth in the country and serves to reinforce Petrofac's commitment to one of our core markets; one in which we have been present since 1988". Future projects undertaken through the agreement will be supported by Petrofac for technical delivery and ensure sustainable in-country value is generated.

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