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Saudi Aramco extends tank farm bid deadline
MEED Saudi Aramco has extended the deadline for bids on the construction of an estimated $400m tank farm project in the northwest of Saudi Arabia. Companies have been asked to submit engineering, procurement and construction (EPC) bids by 11 June, an extension of the previous deadline of 8 May. Aramco earlier this year tendered the project to build storage tanks for oil products in Duba, Tabuk province, on the Red Sea coast. Contractors prequalified to bid ... Leggi di più
Oman extends bid deadline for region's largest crude storage facility
MEED Initial phase to have a capacity of six million barrels Oman Tank Terminal Company (OTTCO) has extended the bid submission deadline for the region’s largest crude storage facility at Ras Markaz. The $400m facility, which is being developed as an alternative crude storage and transportation facility to the Strait of Hormuz has now asked pre-qualified contractors to submit bids by 23 June. The first phase of the project to be built in the Al-Wusta ... Leggi di più
Myanmar joint venture storage terminal launched
Tank Storage Magazine A joint venture petroleum products terminal between Puma Energy and Asia Sun Energy has been launched in Myanmar. The $92 million investment in the Puma Energy Asia Sun terminal, located at Thilawa port, is first of its kind for the Myanmar petroleum industry, which has just opened up to foreign direct investment in this area. With 91,000 m3 of capacity, the terminal is the largest and most modern refined products import terminal in Myanmar.... Leggi di più