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Acetic acid manufacturing plant project, Oman

7th February 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Acetic acid manufacturing plant project, Duqm, Oman.

Client
BP and the Oman Oil Company (OOC).

Project Description
The project aims to develop the world’s first acetic acid manufacturing plant, using BP’s new SaaBre process.

Value
Not stated.

Duration
Not stated.

Latest Developments
BP and OOC signed a nonbinding memorandum of understanding (MoU) in December 2013 to develop a proposed one-million-tonne-a-year acetic acid plant in Duqm’s special economic zone, using BP’s SaaBre process.

The MoU covers joint economic evaluation and a detailed feasibility study.

Subject to negotiating definitive agreements, it is expected to lead to a joint venture investment, with start-up expected in 2019.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
BP Oman, Thuraya Al Taei, tel +968 2468 4151 or email Thuraya.AlTaei@uk.bp.com.
Oman Oil Company, tel +968 2457 3100, fax +968 2457 3101 or email info@oman-oil.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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