Topaz wins $45m Gulf Petrochem contract
07.05.2010 - NEWS
July 5, 2010 [Gulf Petrochem] - Topaz Engineering's fabrication and construction unit, through its subsidiary Nico International Hydrospace, was recently awarded a $45 million (Dh165m) Gulf Petrochem EPC (engineering, procurement and construction) contract.

The contract covers phase one of a major petroleum storage terminal in proximity to the Port of Fujairah. When completed, the terminal will have storage capacity of over one million cubic metres at single location.

The facility, which is expected to take 17 months to complete, will feature dock pipeline connectivity to the Port of Fujairah, a pigging system for all dock pipelines, operational flexibility to handle Class A, B, C products in all tanks, a road tanker unloading and loading facility and will be built to NFPA standards including all support systems such as OWS, ETP and compressor station.

Mott MacDonald has been appointed project management consultant and will oversee the development. Gulf Petrochem exports petroleum based oils and lubricants to India, and it was established with the commissioning of a re-refinery in Sharjah’s Hamriyah Free Zone. Topaz Fabrication and Construction, a business unit of Topaz Engineering, operates out of facilities in Abu Dhabi and Fujairah and is engaged in significant project activities for both offshore and onshore oil and gas across the UAE and for global clients.

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More