Middle East Economic Survey
Oman Refinery Awards Upgrade Contract To CCC
Oman Refinery Company (ORC) on 22 February awarded an $86.8mn contract to Athens-based Consolidated Contractors Company (CCC) to refurbish its 85,000 b/d refinery at Mina al-Fahal and boost capacity to 106,000 b/d. The new project is designed to convert condensate into gasoline in order to meet demand and reduce imports of methyl tertiary butyl ether (MTBE). The work is to be completed by...