Royal Boskalis Westminster says it has received a Letter of Intent (LOI) for the development of the port of Duqm in Oman.

The contract is worth around EUR 480m ($425.3m) and will be awarded by Special Economic Zone Authority Duqm, the Dutch company said.

Boskalis says the contract includes the engineering, design, procurement and construction of a bulk liquid terminal.

The Port of Duqm is a an existing strategic dry dock and industrial free trade zone located in the Al Wusta Region between Muscat and Salalah.

Various dredging and civil activities will be executed under the responsibility of Boskalis, including the deepening of the port basin to a depth of 18 meters.

Other work will include reclamation of new land, the construction of a 1km long quay wall, a double berth jetty island and stone revetment.

The dredging work will be carried out by Boskalis’ new mega cutter Helios, which is due into service by mid-2017, and a jumbo hopper and medium-sized trailer suction hopper dredger.

Boskalis said design work is due to start in the coming weeks and equipment will be mobilized mid-2017. The project is expected to be completed in 2020.