We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Thu 14 Jan 2010 05:46 PM

Font Size

- Aa +

Oman awards $17m oil storage contract to Daewoo

OR6.6m contract is for an additional fuel tank at the Mina Al Fahal refinery in Muscat - official.

South Korea's Daewoo Engineering and Construction Co Ltd signed a 6.6 million rials ($17.1m) contract to build a fuel storage tank for a refinery in Oman, a tender board official said on Thursday."The contract is for an additional fuel tank at the Mina Al Fahal refinery," the tender official told Reuters.

The Mina Al Fahal refinery in Muscat has a capacity to process about 85,000 barrels per day (bpd) of crude oil. The other refinery located at Sohar has a production capacity of 116,000 bpd.

Oman has already issued tenders to update and expand both refineries that included the replacement of pipelines, a heat exchanger and installation of a catalyst. (Reuters)

Arabian Business: why we're going behind a paywall

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.