WorleyParsons wins Oman plant contract

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WorleyParsons wins Oman plant contract

WorleyParsons, a leading global engineering services group, said its Omani subsidiary has been awarded a major services contract linked to the construction of a key antimony roaster project at Sohar Port and Freezone in the sultanate.

The deal was awarded to WorleyParsons Oman by Strategic & Precious Metals Processing (SPMP), a joint venture between Oman Investment Fund and UK-based Tri-Star Resources which own 40 per cent each and Dubai’s Castell Investments which has a 20 per cent stake in the company.

As per the contract, WorleyParsons will provide engineering, procurement and construction management (EPCM) for the 20,000-tonnes-per-annum capacity antimony and associated products plant being set up by the Omani group at an investment of $70 million.

Chief executive Ismail Emin Eyi dubbed the contract as a significant milestone for SPMP and its partners.

“We all look forward to working with the WorleyParsons team in delivering this important facility for the world antimony market and also adding to the development of the minerals processing industry in Oman,” he stated.

According to him, the EPCM work is likely to be completed in 18 months. “Commissioning of the world’s first major antimony roaster outside of China in decades, designed to modern environmental standards, is due for September 2017,” added Eyi.

Guy Eastaugh, the chief executive of Tri-Star, said: “With WorleyParsons firmly on board as part of the construction team, we look forward now to the build-out and development phase of this exciting project, which continues to be on track for commissioning by the end of 2017.”

Tri-Star Resources is an independent mining and mineral processing company with antimony exploration licences in Turkey and in Canada (New Brunswick) and a mining permit in Turkey.

Source: Trade Arabia

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.