Name of client : Enoc – Emirates National Oil Com pany, Horizon Terminals

Revised budget : $1,2 billion

Facility type : Petroleum Oil Refinery

Sector : Refining

Status : Engineering & Procurement

Location : Dubai

Feed : KBR – Kellogg Brown & Root

Main Contractor : Technip

Background

Initially Emirates National Oil Company (Enoc) announced plans to increase capacity at its Jebel Ali refinery by 20,000 bpd to 140,000 bpd. The project has been planned to undertake a debottlenecking process to improve the flow of oil. Currently, the scope of work has been extended further and now the planned increase of capacity is 70,000 barrels per day and will demonstrate a 50 per cent increase of refinery capacity once completed.

Project status

February 2017: Tendering for the storage tanks package is under bidding stage at the moment.

Project scope

Scope of work includes adding two new processing units which include:

• Jet and diesel hydrotreaters

• Isomerisation unit that will lead to the production of Euro V grade products which include high-octane gasoline, low-sulphur jet fuel and ultra-low sulphur diesel

Project finance

Dubai’s Emirates National Oil Company (Enoc) is seeking to arrange a $1.5 billion long-term loan, to arrange long-term funding facility for general corporate purposes. The project owner is Horizon Terminals Limited (HTL), the wholly-owned subsidiary of Emirates National Oil Company (Enoc).

Project schedule

Feasibility Study Q2-2012

Engineering & Procurement Q2-2016

Construction Q3-2016

Completion Q4-2019