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

Background

The project is KOC’s scheme to install crude oil feed-stock pipelines as part of Kuwait's $15-billion new refinery project.

Project Status

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.

Project Scope

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.

Project Finance

KOC is the client of the project.

Project Schedules

Project Start: 1Q-2014

EPC ITB: 1Q-2017

EP: 3Q-2017

Construction: 1Q-2019

Commissioning: 3Q-2021

Completion: 4Q-2021