Contractors asked to submit bids on estimated $200m scheme by 5 August
Vopak Horizon Fujairah has extended the deadline for bids on its Fujairah oil storage terminal expansion on the east coast of the UAE.
Prequalified companies have been asked to submit bids for the estimated $200m engineering, procurement and construction (EPC) contract by 5 August. The previous deadline was 8 July.
The project is the seventh phase of Vopak’s expansion in Fujairah. In May, the company completed the sixth phase, bringing its total storage capacity at the port to 2.1 million cubic metres.
The scope of the EPC contract includes the construction of a jetty, single point mooring, a pipeline, tanks, pumps and other associated facilities.
Vopak Horizon Fujairah, is one of more than 10 companies expanding their oil storage capacity in the emirate, which is expected to double its oil storage capacity in the next two years.
Vopak Horizon Fujairah is a joint venture between Dutch oil storage group Vopak and Bahamas-registered Horizon Terminals.
You might also like...
Saudi economy contracts in Q1 2024
07 May 2024
Kuwait plans electric vehicle strategy
07 May 2024
Aramco first quarter profit drops by 14.5%
07 May 2024
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.