Italian oil contract Saipem is expected to win a contract worth around $800 million as part of a project to build a refinery in Oman being awarded by Duqm Refinery, a source with knowledge of the xxx said on Friday.
Duqm Refinery is a joint venture between Oman’s oil company and Kuwait Petroleum International. It said earlier on Friday it intended to award the engineering, procurement, and construction (EPC) contracts divided into three separate packages to a group of international companies including Saipem. The Italian company will be awarded the contract for EPC Package 3 offsite facilities.
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