A consortium of CB&I and Saipem has bagged an EPC contract to construct storage tanks for Greenfield Refinery in Oman.
The contract, awarded by Duqm Refinery and Petrochemicals Industries Company (DRPIC), is for EPC Package 3 for the Duqm Refinery Project.
DRPIC operates as a joint venture (JV) between Oman Oil Company and Kuwait Petroleum International.
The consortium partners will be responsible for Package 3, which includes the engineering, procurement and construction of a product export terminal at Duqm Port, a crude tank farm at Ras Markaz and an 80 km crude oil pipeline.
Under the agreement, CB&I will carry out all of the EPC works for storage tanks at the export terminal and crude tank farm. CB&I's share in the contract is estimated at $140m.
Saipem, which is the leader of Package 3, will complete remaining works of the contract.
CB&I executive vice president of fabrication services operating group Luke Scorsone said: “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.
"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."