Construction underway at Duqm Refinery Complex
Duqm: Duqm Refinery and Petrochemical Industries Company officially broke ground for its 230 Mbpd
The project is considered the largest cross-border GCC investment in the downstream sector. His Highness prompted the groundbreaking ceremony to mark the launch of construction work for the project. Also, the project is planned to be the cornerstone for other downstream projects in the future.
The strategic partnership between Oman Oil Company and Kuwait Petroleum International will open doors to opportunities for other businesses in Duqm that can cater to auxiliary needs of the refinery. It will extend towards new horizons that will drive wider economic cooperation to serve the common interests between the two brotherly countries.
“Oman Oil Company performs the role of a catalyst to develop industrial hubs and regions in Oman. The Duqm Refinery is one such project that symbolizes the effective collaboration between Oman and Kuwait. We believe the development of the refinery will support the business landscape in Duqm and will contribute to the creation of an attractive infrastructure for foreign investors, thereby developing the area further and adding jobs to the local economy,” said Eng. Isam bin Saud Al-Zadjali, Chief Executive Officer of Oman Oil Company. “OOC strives to integrate all its investment projects and aims to maximize value from Oman’s resources through the development of the petrochemical industry,” he added.
“The refinery will mark the beginning of a new era for both companies and will lead to new opportunities in the energy sector. This modern landmark will leverage the energy sector of the Sultanate since it is a combination of integrity, maximization of resources and development, to be laid in a very favorable region. Oman Oil Company and Kuwait Petroleum International will implement joint efforts to manage the refinery, execute its operations and add great value to the project as well as the economy as a whole,” said Mr. / Nabil Bourisli, Chief Executive Officer
Duqm Refinery will be a world-class oil refinery that uses advanced technology. It will manufacture clean, high-quality products in compliance with global standards for safety whilst
About 900 hectares of
Situated strategically in the South East of Al Wusta Governorate of the Sultanate of Oman, the project is positioned in a strategic maritime location. This gives the project a competitive advantage being in the path of international shipping lines in the Indian Ocean and the Arabian Sea, thereby easing the process of transport in and out of the region. Duqm Refinery is set to drive the growth of the Special Economic Zone Authority of Duqm (SEZAD) through
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