Duqm Refinery | Egypt Oil & Gas

OQ Establishes New Alternative Energy Business Stream

OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources, according to The Oman Observer. The i...

Duqm Refinery to be Fully Operated by 2022

A quarter of the construction in the Duqm refinery has been completed, and it is supposed to be completed by 2022, Times of Oman reported. The refinery is currently being completed in three bundles, two of which are u...

Duqm Refinery Could Allow New Partners: Minister

Total and a South Korean oil company are being considered for a partnership in the Duqm Refinery and Petrochemical Industries, Kuwait News Agency (KUNA) reported. Allowing new partners is subject to the approval of th...

Oman Oil Subsidiary to Invest in Duqm Refinery Project

Global petrochemicals company Oxea is set to invest in a planned petrochemicals complex in the Duqm special economic zone (SEZ), the Oman Observer reported. The US-based subsidiary of Oman Oil plans to establish a pla...

KPI Acquires 50% of Omani Refinery

Kuwait’s High Petroleum Commission announced that Kuwait Petroleum International (KPI) now has a 50% share of Oman’s Duqm refinery. The refinery’s ownership was finalized during a Comission’s meeting...

Construction at Duqm Refinery to Begin in 2018

Construction at the Duqm Refinery in Oman will begin next year, the Kuwait Oil Minister, Bakheet El Rashidi, said, KUNA reports.   The minister indicated that $5 billion in loans for the project will be finalized duri...

Boskalis Westminster Wins Contract for Liquid Berth at Duqm Port

Oman’s Special Economic Zone Authority in Duqm (SEZAD) awarded a $517 million contract to Boskalis Westminster (Oman) LLC to for work on the SEZAD’s liquid-berth project, Egypt Oil & Gas reports. Boskalis Westmins...

Oman’s DRPIC Grants $2.75B Contract to Spanish-Korean Consortium

Duqm Refinery & Petrochemical Industries Company (DRPIC) awarded a $2.75 billion contract to a Spanish-Korean consortium for the construction of its main processing plants, reports Times of Oman. The consortium is...

Petrofac, Samsung Engineering Win $2 B Contract for Omani Refinery

Oman’s Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to a 50-50 joint venture between Petrofac Ltd. and Samsung Engineering, reports Reuters. The contract is for construction, engineering, t...

Oman, Iraq to Sign Storage Deal

Oman will sign a strategic oil storage deal with Iraq in order to help expand the Sultanate as an oil-trading hub with easy access to Asian trade routes, reported The National. The two countries will sign a memorandum...

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