Midgard Oil & Gas - Fujairah Tank Farm

General Information
Owner Midgard Oil and Gas
Masterplan Project (Parent Profile)
Location Fujairah, Emirate of Fujairah, UAE
Status --
Sector Oil, Storage, Oil Tank
Contract Type Engineering Procurement Construction (EPC)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $180m
Award Date August 2024
Completion Date March 2027
Last Updated On January 2024
ProjectId (Old, New) 327693, 327693


Midgard Oil And Gas LLC FZC is planning to undertake the construction of a tank farm at Fujairah, the UAE.

The project will be implemented on a plot area of 106,737.20 m2.

The US$180 million project includes the following:

Tank Farm with approx. 834,000 m³

1. Construction of tank farm for fuel oil with a capacity of 210,000 m3

a. 4 tanks with a storage capacity of 40,000 m3

b. 2 tanks with a storage capacity of 20,000 m3

c. 2 tanks with a storage capacity of 5,000 m3

2. Construction of tank farm for gas oil with a capacity of 120,000 m3

a. 2 tanks with a storage capacity of 40,000 m3

b. 2 tanks with a storage capacity of 15,000 m3

c. 2 tanks with a storage capacity of 5,000 m3

3. Construction of tank farm for gasoline with a capacity of 60,000 m3

a. 2 tanks with a storage capacity of 25,000 m3

b. 2 tanks with a storage capacity of 5,000 m3

4. Construction of tank farm for base oil with a capacity of 10,000 m3

a. 1 tank with a storage capacity of 5,000 m3

b. 5 tanks with a storage capacity of 1,000 m3

5. Construction of a truck loading control room

6. Construction of a truck loading canopy

7. Installation of a diesel generator with diesel day tank

8. Construction of tank farm for crude oil with a capacity of 434,000 m3

a. 8 tanks with a storage capacity of 50,000 m3

b. 2 tanks with a storage capacity of 17,000 m3

9. Construction of an administration building

10. Construction of a pump station with matrix manifolds

11. Construction of a maintenance workshop

12. Construction of a power distribution building

13. Construction of a fresh water pump station with underground tank

14. Construction of a fire water tank

15. Construction of associated facilities

Second Section

04 January 2024

The main contract is not yet awarded.

23 October 2023

The main contract is not yet awarded.

22 August 2023

The main contract is not yet awarded.

21 June 2023

The main contract is not yet awarded.

22 February 2023

The bids are under evaluation and project will move ahead after the final investment decision is made.

16 December 2022

The final investment decision is yet to be made on the project

25 May 2022

The final investment decision are awaited on the project. The bids are under evaluation and project will move ahead after final investment decision is done.

14 November 2021

There is no major progress on the development of the project.

23 December 2020

The main contract was issued and bids were submitted on the project.

21 July 2020

The client is in talks with government authorities for the development of the project. ITB is expected to be issued by the fourth quarter of 2020.