Bids in for Takreer Sharjah oil storage

24 January 2011

Eight contractors submit technical bids for $150m scheme

Engineering and construction firms submitted commercial proposals for an estimated $150m deal to build new oil storage facilities in Sharjah on 23 January.

Initial interest for the scheme has dimmed since the deal was retendered in 2010. The client, Abu Dhabi Oil Refining Company (Takreer) received only eight technical bids in December from 17 prequalified firms, including:

  • Chicago Bridge & Iron Company (US)
  • China Petroleum & Chemical Corporation (China)
  • Descon Engineering (Pakistan)
  • Hyundai Engineering & Construction (South Korea)
  • Indian Oil Tanking (India)
  • Larsen & Toubro (India)
  • Litwin (France)
  • Al-Jaber Energy Services (local)

The winning firm will build nine storage tanks for refined oil and gas products such as jet fuel, diesel, gasoline and fuel oil with a total capacity of 83,000 cubic metres on the Sharjah coast (MEED 15:10:10).

The project has suffered a number of delays. The original tender was cancelled in January 2010, despite receiving bids from five firms as Adnoc commissioned more detailed engineering works on the scheme. Takreer took over the development of the scheme in mid-2010 from another subsidiary of Abu Dhabi National Oil Company, Adnoc Distribution, renaming it the Hamriyah Oil Terminal.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.