Doosan Enerbility lands Oman gas power plant construction and steam turbine supply deal

Doosan Enerbility is accelerating its push into the Middle Eastern power market, recently winning a contract for a large-scale power project in Oman following a similar deal in Saudi Arabia. The company appears to be intensifying its expansion in the region's energy sector, timed with potential de-escalation of tensions between the US and Iran.

The company announced on the 15th that it signed a contract with the Korea Western Power consortium to build the Duqm gas turbine power plant in Oman. The contract is valued at approximately 528.9 billion won. The client, Coastal Power SAOC, is a special purpose company established for the Duqm Economic Zone power project, comprising Korea Western Power, Qatar's Nebras Power, UAE's EUDC, and Oman's Bahwan Infrastructure Services.

Doosan Enerbility will form a consortium with China's SEPCO-3, a specialist in power plant construction, to handle the engineering, procurement, and construction (EPC) for the project. Additionally, Doosan Enerbility will manufacture and supply the core equipment: one steam turbine and one generator, each with a capacity of approximately 330 megawatts (MW). Another company will be responsible for the gas turbine. The project is scheduled for completion on April 1, 2029.

The Duqm gas turbine power plant will be located about 550 km south of Oman's capital, Muscat. With an estimated capacity of 870 MW, it aims to meet the growing electricity demand in southern Oman and enhance the stability of power supply. This contract is seen as a prime example of synergy among Korean companies, with a Korean-led developer consortium awarding construction orders to a Korean firm. It is also highlighted as a model for joint advancement into overseas energy supply chains. Doosan Enerbility's successful bid in Oman, following its recent projects in Saudi Arabia, solidifies its role as a key player in the Middle Eastern power generation market.

Lee Hyun-ho, head of Doosan Enerbility's Plant EPC BG, stated, "We secured this project based on our project execution experience and EPC capabilities accumulated in the Middle East." He added, "As there is expected to be continued demand for power plant construction to ensure stable electricity supply in Oman and the wider Middle East region, we will expand further business opportunities through successful project execution."

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We secured this project based on our project execution experience and EPC capabilities accumulated in the Middle East. As there is expected to be continued demand for power plant construction to ensure stable electricity supply in Oman and the wider Middle East region, we will expand further business opportunities through successful project execution.