Boskalis Receives LOI for Port of Duqm Development
- Business & Finance
Boskalis has received a Letter of Intent to Award (LOI) a contract for the development of the Port of Duqm in Oman.
The contract with a value of approximately EUR 480 million will be awarded by Sezad (Special Economic Zone Authority Duqm) and includes the engineering, design, procurement and construction of a bulk liquid berth terminal.
Various dredging and civil activities will be executed under the responsibility of Boskalis, including the deepening of the port basin to a depth of 18 meters, reclamation of new land, the construction of a quay wall with a length of one kilometer, a double berth jetty island and stone revetment.
The dredging scope will be executed by the new mega cutter Helios, which will be taken into service mid-2017, and a jumbo hopper and medium-sized trailer suction hopper dredger.
Based on the current expectations, the design activities are due to begin in the coming weeks and equipment will be mobilized mid-2017.
The project is expected to be completed in 2020.