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CB&I, Saipem win Oman refinery EPC contract

TEXAS, September 18, 2017

CB&I, a leading provider of technology and infrastructure services, said its consortium with Saipem, a global  leader in drilling services, has secured an engineering, procurement and construction (EPC) contract for the Duqm refinery project in Oman.

The EPC Package 3 contract was awarded by Duqm Refinery and Petrochemicals Industries Company (DRPIC), a joint venture between Oman Oil Company and Kuwait Petroleum International.

The consortium's scope of work includes the EPC of a product export terminal at Duqm Port, a crude tank farm at Ras Markaz and an 80-km crude oil pipeline.

As per the deal, CB&I will be performing all of the EPC works for storage tanks at the export terminal and crude tank farm, while Saipem – the leader of Package 3 – will perform the balance of the works.

Saipem is a leading player in engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil and gas market.

The company has distinctive competencies in operations in harsh environments, remote areas and deep water.

CB&I said its portion of the contract is valued at approximately $140 million.

On the contract win, Luke V. Scorsone, the executive vice president of CB&I's Fabrication Services, said: "This award provides our customer with certainty in price, schedule and quality, and also creates more work opportunities for Omanis, which is one of the goals of the Duqm project."

"We have decades of experience in Oman, including the supply of tanks and pressure spheres for Oman Oil Company at their refineries in Sohar and Muscat," he added.-TradeArabia News Service




Tags: Oman | Drilling | Saipem | CB&I | refinery project |

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