Oman awards $483 million power and water PPP to Thai firm

State-owned Oman Oil Company (OOC) has awarded an independent power and water project to Thai energy and water specialist Gulf Energy Development Public Co (Gulf).

The power and water facility will serve a new refinery development in Oman

The power and water facility will serve a new refinery development in Oman

The project is a gas-fired power generation plant with a desalination facility located in the special economic zone at the port town of Duqm. The plant’s power generation capacity will be 326 MW and the desalination capacity is 40,000 m3/d.

The project cost is £483 million, and the electricity and water produced will be supplied to Duqm Refinery and Petrochemical Industrial Co., a company owned 50-50 by OOC and Kuwait Petroleum International.

The plant is to be owned by OOC subsidiaries Marafiq and Oman Oil Facilities Development Co, which will hold 51.5 and 3.9 per cent respectively; and Gulf, with 45 per cent.

The contract includes a 25-year power and water purchase agreement to begin at the start of commercial operations – the full ramp-up is to be introduced in three phases from July 2020 to May 2022; and an option to extend for an additional five years.


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| Gulf | Kuwait


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