Hiap Seng Engineering Limited FZC, UAE, has been awarded a significant contract by Intrakat Societe Anonyme Technical and Energy Products, Fujairah Branch for the engineering, procurement, construction, and commissioning (EPCC) of the Ecomar Storage Terminal Phase I Project, located in the Fujairah Oil Industry Zone, UAE.
‘This award demonstrates how, through strong collaboration and consistent project execution strategy, we continue to build our relationship with Ecomar,’ says Murugesan Chidambaram, Managing Director of Hiap Seng. ‘To ensure project execution excellence, we will leverage our “One Hiap Seng Way” operating model to safely and efficiently deliver the Ecomar Storage Terminal Project with the highest quality.’
Hiap Seng will provide engineering, procurement, construction, and commissioning of phase 1 of the project, comprising 700,000 m3 of storage facilities and associated infrastructures. The terminal will store 350,000 m3 of black oil and 350,000 m3 of white oil. The facility also includes an interconnecting pipeline (eight lines) to the jetty manifold. The fully automated terminal, with state-of-the-art technology, will be backed up with a diesel generator and protected with fire protection systems.
Engineering services will be performed by Hiap Seng offices in India and UAE, with the project management, procurement and construction from the company’s offices in UAE. Hiap Seng will use its existing world class fabrication facility for fabrication works of the project. The contract has a value of US $241 million (€220 million) with a completion schedule of 28 months.
‘We are immensely proud to be entrusted by Ecomar and Intrakat to award this flagship project. Ecomar project is an important milestone paving the way for an accelerated deployment of state-of-the-art technology with jetty facility of the storage capacity to the industry,’ says Murugesan. ‘Ecomar Storage is engaged in playing a leading role in this journey and this award reinforces our position as a key enabler for integrated storage solutions. With our partners, we offer a very robust and competitive combination and are committed to make this project a reference for the industry.’
