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Rotary Engineering of Singapore wins Fujairah EPC job
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Saturday, 30 Oct 2010
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Singapore based Rotary Engineering Limited announced that it has been awarded Engineering, Procurement and Construction contract estimated to be about USD 250 million to build a petroleum storage facility with a capacity of 1.1 million cubic meters in the UAE.

The project was awarded by Singapore based oil trader Concord Energy. The facility which will be operated as Fujairah Oil Terminal is located in Fujairah. Works are expected to start in Q1 2011 and targeted for completion in the Q4 of 2012.

Mr Chia Kim Piow CMD of Rotary said that “This important contract helps to strengthen our foothold and extends our market presence in the Middle East. Our latest win is an indication that our strategy to capitalize on our presence in the market is bearing some fruit and we are making headway in this market. We are excited about this opportunity and are confident that this project will help us build on our expertise and boost our track record so that our reputation will be further enhanced.”

With its established a presence in the Middle East since 2006, Rotary affirmed its commitment to the region by setting up a fabrication and maintenance facility in Jubail Industrial City in Saudi Arabia the following year. It secured its first contract win in 2007 an USD 8.4 million EPC deal from SHARQ Eastern Petrochemical Company also in Jubail.

In 2008, it secured a USD 62 million contract with Saudi Kayan Petrochemical Company to construct 24 tanks for its Saudi Kayan Petrochemical Complex in Al Jubail in the Saudi Kingdom. Last year, it landed its first major win in that market USD 745 million EPC contract from Saudi Aramco Total Refining and Petrochemical Company to build a refinery tank farm at Jubail.

(Sourced from Arabian Oil and Gas)

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