Oman Oil Refineries and Petroleum Industries Company (Orpic) has awarded Engineers India Ltd the PMC (project management consultancy) contract for Orpic's Liwa Plastics Project at Sohar in Oman against international competitive bidding. EIL's contract also includes a feedstock extraction plant in Fahud and its transportation facility to Sohar. The contract is valued at over US$40 mln, and is one of two major projects awarded. The front end engineering and design (FEED) contract was awarded to Chicago Bridge & Iron Company (CB & I). Orpic is owned by the government of Oman and Oman Oil Company SAOC, the commercial company wholly owned by the government created investment in the energy sector.
Liwa Plastics Project consists of a new petrochemical complex adjacent to the Sohar Refinery. The feedstock for the plant is to be brought from Fahud, 300 km from Sohar. LPP is scheduled for completion in 2018 and is expected to double Orpic’s profitability through extracting significantly more value from every barrel of Omani crude and molecule of gas. The project, which revolves around a steam cracker unit, will enable Orpic to produce polypropylene and, for the first time, polyethylene.
24-Mar-14 
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