Project Summary Project Background Project Status

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Worley Parsons Oman Engineering. Mott Macdonald & Co. Zishan Engineers. Engineers India. Cb&I Lummus. Tecna Proy
Project Summary Project Name

Salalah Liquefied Petroleum Gas (SLPG) - Salalah LPG Extraction

Name of Client

Salalah Liquefied Petroleum Gas (SLPG)

Budget ($ US)

650,000,000

Contract Value ($ US)

550,000,000

Award Date

Q1-2017

Main Contractor

Petrofac

Facility Type

Liquefied Petroleum Gas (LPG)

Status

Construction

Start Date

Q2-2012

End Date

Q1-2020

PMC

Tecna S.A.

FEED

CB&I - Chicago Bridge & Iron Company Petrofac

Location

Salalah, Oman

Project Background OGC is looking at a project designed to extract liquefied petroleum gas (LPG) from the Salalah gas pipeline network in southern Oman. The project will see the construction of LPG Extraction plan with the capacity of 7 to 10 MMSCMD. In the first stage of LPG extraction, OGC will produce 700-800 tons of butane, propane and condensate per day from the gas system.

Project Status 15 Apr 2018

SLPG celebrates laying the foundation stone for Salalah LPG Extraction project.

05 Mar 2018

Galfar has been awarded a subcontract for the Civil, Mechanical, Electrical & Instrumentation (CMEI) Works Package 1 for the LPG Project for approximately $41 million. The completion period of the works of the subcontract is approximately 21 Months.

Dec 2017

Galfar Engineering and Contracting Company has been awarded a subcontract for an engineering, procurement and construction (EPC) works package by Petrofac E&C Oman for approximately $15m.

28 Nov 2017

South Korea's Winteco is the EPC sub-contractor for the LPG and condensate Tanks. Engineering and procurement works for the tanks are underway.

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23 Oct 2017

Construction works will start before the end of 2017. It is believed that a JV between 2 companies, South Korean and Local, has been selected for the construction work.

30 Aug 2017

Oman Gulf Company is the enabling works contractor. The company's main scope includes engineering, filling and concrete work. The enabling work is scheduled to be completed by August 2018.

16 Jul 2017

Engineering and procurement are underway. Construction is yet to start.

11 Jul 2017

BOOT agreement alongside a Natural Gas Supply Agreement (NGSA) is signed by OOC/OGC with the Ministry of Oil & Gas for the extraction of LPG from natural gas for a 25-year period with a profit sharing mechanism of 80% post the equity recovery phase.

11 Jul 2017

OGC signs a Sub-Usufruct Agreement with Salalah Free Zone for the 25-year lease of 20 hectares for the LPG plant, and signs a 30-year Lease Agreement with Salalah Port Services for the the lease of 8 hectares in Port of Salalah for the storage tanks.

30 Apr 2017

Engineering works are under way by Petrofac.

30 Apr 2017

Oman Oil Facilities Development Company, a subsidiary of Oman Oil Company, is discussing partial financing for the project with several international banks and export credit agencies. The financial closure for 75% will be completed during Q2-2017.

09 Jan 2017

Petrofac wins the 36-months EPC contract for the LPG plant.

09 Nov 2016

The project is hoped to reach a Final Investment Decision by late November. The implementation of the plant is expected to start in H1-2017.

06 Sep 2016

Evaluation of the FEED studies is completed. The award of EPC contract is expected by late 2016 or early 2017.

Feb 2016

Petrofac and CB&I submit the FEED studies to OGC.

20 Jan 2016

The FEED studies are progressing well.

18 Aug 2015

OGC awards Tecna the PMC contract for the Salalah LPG project.

22 Jul 2015

The project is still at the FEED stage.

27 May 2015

The two consultants currently preparing the FEED study have until Q4-2015 to submit their FEED studies. OGC will select the winning contractor in late 2015. The winning contractor will be directly awarded the EPC contract.

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18 Mar 2015

The project is at the FEED stage. The FEED is expected to be completed by the end of 2015.

06 Apr 2014

OGC signed a Memorandum of Understanding (MoU) with Salalah Free Zone Company for setting up the LPG processing plant at Salalah Free Zone (SFZ), as well as for establishing related storage and export facilities at the Port of Salalah.

12 Nov 2013

The concept study has been completed. OGC plans to tender the FEED contract soon.

01 Mar 2012

The concept study contract was awarded to Tecna Proyectos.

31 Oct 2011

Bids for the concept study contract were submitted by: Worley Parsons Oman Engineering Mott Macdonald & Co. Zishan Engineers Engineers India Cb&I Lummus Tecna Proyectos Monenco Consulting Engineers with Tecon Engineering Yas Consulting Engineers

27 Jul 2011

The RFP for the concept study contract was issued.

Project Scope The scope of the project includes:

Liquefied petroleum gas (LPG) unit with a capacity to produce 327,000 tonnes per annum Tie-ins to existing pipeline infrastructure LPG and condensate storage (to be built on a roughly 9-hectare site at the adjoining Port of Salalah) Jetty facilities at the Port of Salalah (ship loading facilities) Associated facilities, including

Project Finance Salalah LPG SFZCO LLC (SLPG) is the client. July 2016 - OGC issues an expression of interest to banks to finance the project. Bank Muscat and Mitsubishi UFJ (MUFG) are the mandated lead arrangers for the syndicated loan. September 2016 - International banks receive requests for proposals for a $750 million loan for the project.

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April 2017 - Oman Oil Facilities Development Company, a subsidiary of Oman Oil Company, is discussing partial financing for the project with several international banks and export credit agencies. The financial closure for 75% will be completed during Q2-2017. 11 July 2017 - Pacts inked with 8 banks providing the debt component of the project finance. The banks comprises: Bank Muscat Bank Sohar Standard Chartered Bank Société Générale Qatar National Bank (QNB) Ahli Bank Oman Ahli United Bank (Bahrain) APICORP

Project Contractors PMC PQ

Bidders

Awarded

-

-

- Tecna S.A.

PQ

Bidders

Awarded

- Petrofac - CB&I - Chicago Bridge & Iron Company

- Petrofac - CB&I - Chicago Bridge & Iron Company

- Petrofac

PQ

Bidders

Awarded

-

-

- CB&I - Chicago Bridge & Iron Company - Petrofac

PQ

Bidders

Awarded

-

-

- Tecna S.A. - Winteco Corporation - Oman Gulf Company - Galfar Engineering & Contracting SAOG - Galfar Engineering & Contracting SAOG

EPC

FEED

Sub-Contractors

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Project Schedules 4Q-2011

Feasibility Study

1Q-2016

FEED

2Q-2016

EPC ITB

1Q-2017

Engineering & Procurement

4Q-2017

Construction

1Q-2020

Completed

Project Personnel Name

Ahmed Al-Busaidi

Designation

Design Manager

Company

Oman Gas Company

Phone

+968 2446 6000, +96899222741

Email

[email protected]

Name

Arif Baqi

Designation

Head of Information Technology

Company

Oman Gas Company

Phone

+968 9292 2200

Email

[email protected]

Name

Carlos Sequera

Designation

Engineering Manager

Company

Oman Gas Company

Phone

+968 2446 6000

Name

Henry Jimenez

Designation

Project Director

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Company

Oman Gas Company

Phone

+968 2446 6246

Email

[email protected]

Name

Luis Carreno

Designation

Project Control Manager

Company

Oman Gas Company

Phone

+968 2446 6000

Email

[email protected]

Name

Abdulla Alnajjar

Designation

Project Engineer

Company

Oman Gas Compnay

Phone

+968 2446 6428

Name

Ameer Almahrazi

Designation

Senior Contract Engineer

Company

Oman Gas Compnay

Phone

+968 2446 6000

Name

Hussain Altahami

Designation

Project Engineer

Company

Oman Gas Compnay

Phone

+968 2446 6329

Email

[email protected]

Name

Mazin Alabri

Designation

Lead Control and Automation

Company

Oman Gas Compnay

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Phone

+968 2446 6225

Email

[email protected]

Name

Omar Baomar

Designation

Supply Chain Manager

Company

Oman Gas Compnay

Phone

+968 2446 6000

Email

[email protected]

Name

Mr. Ronald

Designation

Subcontracting Engineer

Company

Petrofac

Phone

+971 65184272 /+971 558501972

Name

Suresh Kumar Pandarathodiyil

Designation

Deputy Contract Manager

Company

Petrofac

Phone

+971 6 574 0999

Name

Surya Kumar

Designation

Contract Manager

Company

Petrofac

Phone

+971 6 517 3513

Email

[email protected] suryakumar.adams@petr

Name

Joaquin Martin

Designation

Regional Manager

Company

Tecna

Phone

+34 91 556 6359

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Email

[email protected]

Name

Ganesh

Designation

Procurement Engineer

Company

Winteco Corp

Phone

+82 2 6111 7651

Email

[email protected]

Name

Sunj Soo Ko

Designation

Procurement Manager

Company

Winteco Corp

Phone

+82 2 6111 7631

Email

[email protected]

Name

Mustansir Kachwala

Designation

Process Engineer

Company

CB&I

Phone

+31 70 373 2010

Email

[email protected]

Name

Ahmed Alnoobi

Designation

Process Engineer

Company

Oman Gas Company

Phone

+968 9336 9090

Name

Kaye Krause

Designation

Marketing & Sales Manager

Company

Petrofac

Phone

+971 6 5173 795

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Name

Khaled Ayoub

Designation

Mechanical Engineer

Company

Petrofac

Phone

+971 6 574 0999 Ext:76268

Email

[email protected]

Name

Milind Kanetkar

Designation

Procurement Manager

Company

Petrofac

Phone

+971 6 517 3739

Email

[email protected]

Name

Pradeep Devarajan

Designation

Sales Assistant

Company

Petrofac

Phone

+971 6 5173 795

Email

pradeep.devarajan@petrofac

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Dated: 17-May-2018