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SRIP work on track with 41pc EPC activities completed.

Sohar refinery project 'ahead of schedule'

MUSCAT, March 19, 2015

Oman Oil Refineries and Petroleum Industries Company’s (Orpic) multi-billion-dollar Sohar Refinery Improvement Project (SRIP) is ahead of schedule with 41.4 per cent of EPC activities having been completed, according to a report.

The project comes in response to the growing need to upgrade the refining capability to further maximise the value of Omani crude oil, said the Oman Daily Observer report.

It will bring environmental improvements to the company’s activities. The completion schedule for the SRIP is 36 months.

Musab Al Mahruqi, Orpic’s chief executive officer, said: “The physical progress as of January 2015 achieved on the project's EPC activities is 41.4 per cent against scheduled 38.3 per cent.”

The EPC contract of SRIP was awarded in November 2013 to a joint venture consisting of Daelim Industrial and Petrofac International on lump-sum turnkey basis.

SRIP has recently gathered further momentum after the award of all construction subcontracts and the start of mobilisation of those subcontractors to the project site, said the report.

SRIP will have five new units, namely vacuum distillation unit, hydro-cracker unit, delayed coker unit, isomerisation unit, and bitumen blowing unit, it added.




Tags: Oman | Sohar | Refinery | project | Orpic |

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