CB&I to Supply Storage Tanks for Greenfield Refinery Project in Oman

abarrelfullabarrelfull wrote on 10 Oct 2018 22:39
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Sept. 18, 2017

CB&I (NYSE:CBI) today announced a consortium between CB&I and Saipem S.p.A. has been awarded a contract by Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC) for EPC Package 3 for the [http://abarrelfull.wikidot.com/duqm-refinery-project Duqm Refinery Project}. DRPIC is a joint venture between Oman Oil Company and Kuwait Petroleum International.

The consortium's scope of work for Package 3 encompasses the engineering, procurement and construction of a product export terminal at Duqm Port, a crude tank farm at Ras Markaz and an 80-kilometer crude oil pipeline. 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. CB&I's portion of the contract is valued at approximately $140 million.

"CB&I has decades of experience in Oman, including the supply of tanks and pressure spheres for Oman Oil Company at their refineries in Sohar and Muscat," said Luke V. Scorsone, Executive Vice President of CB&I's Fabrication Services operating group. "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."


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