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Duqm refinery signs deal for the development of refinery

Duqm Refinery announced the signing of three major contracts with engineering, construction and procurement (EPC) contractors for the construction of the 230,000 barrels per day refinery in Duqm. The first EPC package (process units) has been awarded to a joint venture of Técnicas Reunidas and Daewoo Engineering & Construction. The second EPC package (utilities and off-sites) has been awarded to the joint venture of Petrofac International and Samsung Engineering. Third EPC package (off-site facilities) has been awarded to a joint venture between Italian company Saipem SpA and CB&I.