ORPIC to award $4.5bn plastic complex contracts

Oman Oil Refineries and Petroleum Industries Co says it has finalised negotiations with preferred bidders for a major plastics complex in the sultnate

ORPOC says it has finalised negotiations with preferred bidders. [Representational Image]
ORPOC says it has finalised negotiations with preferred bidders. [Representational Image]

State-owned Oman Oil Refineries and Petroleum Industries Co (ORPIC) has finalised negotiations with preferred bidders for $4.5bn worth of contracts to build a major plastics complex in the sultnate, according to a company statement. 

The state-owned firm said the four engineering, procurement and contracting packages will be completed in four years, Arabian Business reported.

The plants are scheduled to be commissioned in 2019.

A joint venture between Chicago Bridge & Iron Co and CTCI will be awarded the contract for a steam cracker and utilities, ORPIC said.

In a seperate statement, Chicage Bridge & Iron revealed that the contract would be worth $2.8bn.

Tecnimont will be awarded a contract for plastic units, GS Engineering and Construction and Mitsui & Co a contract for natural gas liquids extraction facilities and Punj Lloyd a contract for a pipeline.

The Liwa Plastics Project, being built in Oman's northern port city of Sohar, is a big part of the sultanate's effort to diversify its economy away from hydrocarbons. It is designed to enable Oman to produce polyethylene for the first time, and to increase its output of polypropylene.

 

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020