Petrofac Ltd and Samsung Engineering announced that their 50:50 joint venture has been awarded a contract worth approximately $2 billion by Duqm Refinery and Petrochemical Industries LLC (DRPIC) in the southern part of Oman.
Petrofac’s and Samsung’s scope of work includes engineering, procurement, construction, commissioning, training and start-up operations for all the utilities and offsites at Duqm.
A strategic investment for the Sultanate of Oman, and forming the cornerstone of the Duqm Special Economic Zone, the development occupies more than 2,000 acres and, when completed, will have a refining capacity of approximately 230,000 barrels of oil per day.
Petrofac Ltd and Samsung Engineering announced that their 50:50 joint venture has been awarded a contract worth approximately $2 billion by Duqm Refinery and Petrochemical Industries LLC (DRPIC) in the southern part of Oman.
Petrofac’s and Samsung’s scope of work includes engineering, procurement, construction, commissioning, training and start-up operations for all the utilities and offsites at Duqm.
A strategic investment for the Sultanate of Oman, and forming the cornerstone of the Duqm Special Economic Zone, the development occupies more than 2,000 acres and, when completed, will have a refining capacity of approximately 230,000 barrels of oil per day.
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