Name of Client : Kuwait Oil Company (KOC)
Estimated Budget : $845,000,000
Facility Type : Welded, Pipeline
Sector : Oil, Pipeline
Location : Ahmadi, Kuwait
Main Contractor : Saipem
Award Date : 2017-Q3
The project is KOC’s scheme to install crude oil feed-stock pipelines as part of Kuwait's $15-billion new refinery project.
As of October 2021, Phase 1 of Ras Markaz Oil Storage Park is approaching completion. Phase 1 will hold an initial capacity of 25 million barrels, and is expected to be launched in Q1 2022.
The project scope includes construction of 250 km of oil feed-stock welded pipelines ranging from 24 to 36 inches, that will serve the planned 615,00 bpd greenfield Al-Zour new refinery in southern Kuwait. The feed-stock pipelines will connect the South Tank Farms with the Al-Zour new refinery.
KOC is the client of the project.
Project Start: 1Q-2014
EPC ITB: 1Q-2017