Mitsui/GS Engineering and Construction Awarded $700m EPC Contract for NGL Extraction Plant

Mitsui & Co. Ltd., jointly with the Korean engineering company GS Engineering and Construction Corp. as the consortium were awarded a contract from Oman Oil Refinery and Petroleum Industries Company SAOC ("ORPIC") for the Engineering, Procurement, and Construction ("EPC") package of NGL Extraction Plant, and is scheduled to conclude the EPC contract with ORPIC on December 17, 2015.

Mitsui has a notable track record in the upstream oil and gas sector in Oman through its participation in onshore oil and gas production and the Oman LNG project, and in the power sector, through its participation in the Salalah-2 IPP project which Mitsui was awarded this year. The captioned Liwa project will be the first EPC project in the oil and gas sector in Oman for Mitsui, which will lead to further growth of the oil and gas sector in Oman. Mitsui will continue to aim at winning contracts for quality projects and will contribute to the development of infrastructure in Oman as one of the primary countries in the infrastructure development field.

For more information about related Opportunities and Key Players visit Oman Oil and Gas Projects