Projects

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Description

SOCAR aims to expand its operational activities following commencement of the production operations across the STAR Refinery in 2018

Following the acquisition of Aliaga Oil Storage Terminal, SOCAR launched a project to increase the capacity of the terminal in Aliaga (Izmir), Turkey

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Our Value Add

IVT, a ViTO Group company, was awarded with the turnkey EPC works for 13new storage tanks as well as the mechanical and piping and electrical and instrumentation works

• ­The 13 tanks have a total capacity of 335,000 m3 and a total weight of more than 7,000tons
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• ­IVT provided in-house engineering and procurement from top-tier European suppliers
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• ­The execution of erection works have been significantly reduced due to the use of hydro jacks and horizontal welding machines

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Results

• PAC for the turnkey delivery of the tank scope was issued September 26, 2019, representing a delivery of less than one year despite the challenging local weather conditions and delays of civil works
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• Moreover, the PAC for almost 50% of the mechanical and piping works was issued December 30, 2019.
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• The remaining scope of the mechanical and piping works as well as the E&I scope will be finalized and delivered during Q1 2020