Takreer tenders Sharjah oil storage contract

01 July 2010

Project was originally developed by Adnoc Distribution

Abu Dhabi Oil Refining Company (Takreer) has asked engineering firms to express interest in an estimated $100m contract to build new fuel storage facilities in Sharjah’s Hamriyah free zone.

The state refiner has asked contractors to state their interest in the engineering, procurement and construction (EPC) contract by the end of June, and says that it wants to fast-track the project so that it receives bids before Ramadan in mid-August and awards the deal by the end of the year.

The project, to build nine tanks with 83,000 cubic metres of storage capacity for refined oil and gas products including jet fuel, diesel, gasoline and fuel oil on the Sharjan coast was originally being developed by Abu Dhabi National Oil Company’s (Adnoc) subsidiary Adnoc Distribution.

MEED reported in January the company had cancelled the tender as Adnoc had commissioned more detailed engineering works on the scheme (MEED 22:1:10).

Takreer, which is also an Adnoc subsidiary, took over the project early in the second quarter of the year.

Five international engineering firms bid for the deal in September 2009. The prequalifiers for the contract included the local Al-Jaber Energy Services, Italy’s Belleli Energy, Lebanon’s Contracting & Trading (CAT), Punj Lloyd and Indian Oil Tanking, both of India (MEED 27:9:09).

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