Construction of a liquids storage terminal and logistics facility.
Taziz, a 60:40 joint venture of Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi’s industrial holding company ADQ is understood to have reached out to companies for proposals for the front-end engineering and design (feed) works on the project. The companies that have been approached include:
Oiltanking (Germany)
Vitol (Netherlands/Switzerland)
Vopak (Netherlands)
Taziz is expected to award the feed contract for the project in January 2022, with the final investment decision estimated to be reached in the third quarter of 2022.
ADNOC L&S and Client have signed an agreement to develop the facility at TAZIZ, the chemicals production and industrial hub in Ruwais. The facility will be a critical part of the supply chain for feedstocks and will store and load final products for export. The partners will select an international operator to enter into a new joint venture and contribute to the development of the new port. Three large-scale berths and associated infrastructure in addition to loading and unloading facilities will make up the foundation of the new port. The two liquid berths measure 640 meters in length with the dry bulk berth measuring 320 meters, which combined equals 10 football pitches. A tank farm with ten product tanks and one feedstock storage tank will be included, with specialized utilities, control rooms, and product vapor handling systems safeguarding the products in storage.
The Engineering, Procurement and Construction (EPC) contract for the logistics facilities marine works have been tendered, with EPC awards expected shortly. Scope of work includes Design and construction of Block wall quay wall with 2 liquid loading berths (640m) and 1 salt unloading berth (320m), Earthworks & Associated infrastructure works. ADNOC L&S and AD Ports Group will develop a liquids terminal and logistics facility with an international partner, VTTI B.V., which will include construction of a new world-class port.
December
11
2023
Monday
LAST UPDATED
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