Oman, Kuwait Sign Multi-Billion Refinery Deal

State firms from Oman and Kuwait have committed to building an Omani refinery intended mainly for export. Both countries will also provide crude feedstock.

Oman Oil Company (OOC) and Kuwait Petroleum International (KPI) have signed a partnership agreement for their Duqm Refinery and Petrochemical Industries Company (DRPIC) joint venture to build a 230,000 b/d export refinery in a special economic zone being developed at Duqm on the Arabian Sea coast of central Oman.

OOC chief executive Isam al-Zedjali says that engineering, procurement and construction (EPC) contracts for the refinery will be awarded in the next two months and that the foundation stone for the project will be laid at the end of 2017. UK’s Amec Foster Wheeler completed front end engineering design for Duqm refinery recently, while DRPIC has completed prequalification and invited bids for the EPC work. (CONTINUED - 806 WORDS)

DATA INSIDE THIS ARTICLE

table Oman Downstream Plants/Projects
table Orpic’S Sohar Refinery Expansion