European Oil and Gas Issue 104 Early Edition

Page 44

Notable

European oil & gas

europeanoilandgas.co.uk

work

42

Audex Pte Ltd

has enjoyed a successful and highly productive 12 months since it was last featured in European Oil & Gas Magazine in November 2012. As an industry leader in engineering, procurement, construction (EPC) and project management consultancy (PMC), the firm has further strengthened its position in the Middle East as well as in Singapore with even greater notable projects. “The past year has been an exciting journey for the company. We have successfully completed two tank terminals, amassing approximately 340,000 cubic metres of storage capacity and have also opened a 30,000 square metres workshop and fabrication yard in Fujairah,” Mr. Leong Hoi Hoong, general manager of Audex said.

Another major project that Audex has recently secured is a piping fabrication and installation works contract in Jurong Island, Singapore. This involves the conversion of existing tanks for chemical storage, a new truck loading bay and the revamp of supporting ancillary facilities. “Though there is an emphasis to finish the project on time and within budget, workplace safety is of utmost importance to the company,” highlights Mr. Leong. He also reports that this project is currently “on schedule and en-route to achieving a zero loss time incident record.” As of today, Audex’s primary business is offering integrated engineering, procurement, construction and commissioning services (EPCC) for storage facilities in the oil and chemical industries. In this area, the firm has earned an excellent reputation for delivery of premium quality and value complete engineering solutions that meet or even exceed global industrial standards. Ultimately, partnering with Audex, clients can enjoy solutions that encompass the delivery of costeffective, competitive pricing and unrivalled customer service. In 1994, Audex was incorporated as a joint venture firm between Chiyoda Singapore and Plant Engineering Construction Pte Ltd. Over the years, it has greatly progressed to become an international, leading multi-discipline company with top-rated global standards in its field. During the middle of 2011, Audex’s renowned reputation was additionally strengthened when it became a wholly owned subsidiary of PEC Ltd – a leader in international business provision for integrated trade facilitating services. This acquisition boosted Audex’s success as the firm began leveraging on PEC’s leading expertise, technology, strong financial standing to expand its business activities into greater worldwide markets and participate in larger upcoming projects. Owing to a great synergy between the parent company and Audex, another major triumph of Audex’s is the completion of Horizon Terminal Limited’s $100 million oil terminal in Fujairah, which was commissioned at the end of May 2013. Handling Class-1, Class-2 and Class-3 petroleum products, this terminal has the capacity to store more than 240,000 cubic metres of oil and will further establish the Emirate as a key regional hub in the oil and gas industry. “Audex was awarded a contract for the engineering, procurement, construction, testing and commissioning works for EFDTT terminal, primarily intended for facilitating Horizon


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