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Oman : 9 INTERNATIONAL BIDDERS shortlisted for $1.2-BILLION SOHAR REFINERY CONTRACT.

Around nine international engineering companies are shortlisted for the $1.2-billion contract, which involves the expansion of Oman's flagship refinery at Sohar.

Technip, the France-based provider of project management, engineering, and construction services for the oil and gas industry; TecnicasReunidas (TR), a leading Spanish engineering firm specialising in the design and construction of industrial plants of all types; Korean construction conglomerate Hyundai Engineering; and the joint venture of Indian engineering giant Larsen & Toubro (L&T) and GS Engineering of South Korea are the companies, who are in contention for the engineering, procurement and construction (EPC) contract.

The partnership of Petrofac, the London-headquartered international provider of integrated facilities services to the hydrocarbon and petrochemical industries, and South Korean engineering and construction conglomerate Daelim are also in fray, along with the Fellow Korean engineering corporation Daewoo, who has has teamed up with global petrochemicals firm Lurgi to bid for the contract

Japanese engineering corporation Chiyoda, which has joined hands with Seoul-based industrial contractor Samsung Engineering, Korean firm SK Engineering, and Japanese industrial contractor JGC are among other contenders.

Oman Oil Refineries and Petroleum Industries Company (Orpic), a wholly government-owned integrated refining and petrochemicals

entity is overseeing the expansion, estimated to cost in the range of $1.5 to $1.8 billion.

The management of Oman's two refineries at Mina Al Fahal and Sohar are overseen by Orpic and also the aromatics and polypropylene plants at Sohar industrial port.

Around 60,000 barrels per day (bpd) of new capacity will be added by the upgradation to Sohar Refinery's present processing capacity of around 116,000 bpd of crude and long residue.

Last month, the shortlisted bidders were invited to a site visit.

2012 Al Bawaba (Albawaba.com)

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Publication:Mena Report
Geographic Code:7OMAN
Date:Sep 3, 2012
Words:292
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