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Topaz awarded $100m EPC contract

Topaz awarded $100m EPC contract

Dubai: Topaz Engineering, a division of Topaz Energy and Marine has been awarded a US$ 100 million EPC contract for the Phase IV Oil Storage Terminal for client GPSChemoil in Fujairah, U.A.E.

Through its subsidiary, Nico International Hydrospace, Topaz Engineering has won one of the major tank terminal repeat contracts in Fujairah for GPSChemoil, a partnership between Gulf Petrol Supplies LLC (GPS) and Chemoil. The 580,000 m³ terminal is one of the largest EPC tank terminal projects awarded to Topaz Engineering in the recent past in terms of project value and terminal size. The fully automated storage terminal is equipped with a facility for loading and receiving middle distillates, gas and fuel oil from shipping berths at OT1 and OT2 via eight loading and receiving pipelines running from the jetties to the terminal.

Bill Bayliss, Topaz Engineering COO commented on the project award, "With major ongoing projects in the region, Topaz Engineering has emerged as one of the leaders in the oil and gas industry on the eastern coast of the Emirates, particularly for onshore plant construction works on an EPC basis. The confidence shown by GPSChemoil in Topaz's EPC project capabilities with this award, reflects our successful execution of vital projects on GPSChemoil's behalf."  [20/10/10]


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