Italian oil and gas contractor Saipem said Thursday it was awarded a US$750 million engineering contract in Oman by Duqm Refinery and Petrochemical Industries Company.
Italian oil and gas contractor Saipem said Thursday it was awarded a US$750 million engineering contract in Oman by Duqm Refinery and Petrochemical Industries Company.
The contract involves engineering, procurement, construction and commissioning under Package 3 offsite facilities in the framework of the Duqm refinery development near Oman’s north east coast, the company said in a statement.
The 230,000 barrels-per-day Duqm Refinery and Petrochemical Industries Company is a joint venture between the Oman Oil Company (OOC), the national oil company, and Kuwait Petroleum International (KPI).
“We welcome with particular satisfaction the awarding of this new contract which signals the relaunch of our activities in Oman, a country in which Saipem has operated successfully in the past,” said Stefano Cao, CEO of Saipem.
In a separate statement on Kuwait News Agency website, KPI said three contracts were awarded for the Duqm Refinery development and construction, without elaborating what these contracts were for and which companies were involved.
Source: Pipeline ME
