MEED reported that the US’ Occidental has named the local Gulf Petrochemical Services & Trading as the preferred bidder for the engineering, procurement and construction contract for the USD 80 million Safah crude oil stabilization plant in Oman.

A local contractor said that Oxy expects to sign a letter of intent with GPS within the next few weeks with a formal agreement being signed by early march. This EPC contract has been open to bids for some time now. Oxy changed the scope of the project last year.

The plant will be constructed at the Safah field and will be used to enhance the quality of the crude oil produced there. The scope of works includes the construction of oil handling trains, stabilizer columns, compressors, stock units, a substation, a water oil separation vessels, pipeline and associated facilities.

(Sourced from MEED)