Uhde wins Sohar deal
01 January 2003
Germany's Uhde has won a contract to build a giant fertiliser plant for Oman's Sohar International Urea and Chemical Industries (SIUCI), which is promoted by Sheikh Suhail Salem Bahwan.
The plant will cost more than $600 million, making it the largest industrial investment by an individual in a GCC country. It will have a capacity of 2,000 tonnes per day (tpd) ammonia and 3,500 tpd of granular urea complex.
Work is expected to start by June of this year with a 35-month completion schedule.
Uhde, a unit of the ThyssenKrupp Group, is a fertiliser technology and contracting company.
Five contractors were prequalified for the project. These were Kellogg Brown Root of the US, Snamprogetti of Italy, Uhde GmbH of Germany, Mitsubishi Heavy Industries and Toyo Engineering Corp of Japan. The shortlisted bidders were Uhde, Toyo, and a consortium of Snamprogetti and Mitsubishi.
The bids were scrutinised by a project team supported by technical consultant James Chemical Engineering of the US; financial advisor HSBC Investment Bank; legal advisor Denton Wilde Sapte of the UK; insurance advisor AON Middle East, and environmental advisor WS Atkins of the UK.
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