An expansion project at Vopak Horizons oil terminal in Fujairah has attracted bids from five international engineering firms.
Italys Belleli Energy, Fujairah based Audex, the US Chicago Bridge & Iron and Punj Lloyd and Tata Projects both of India, bid for the deal.
Vopak Horizon will announce a winner for the engineering, procurement and construction (EPC) deal in November.
Contractors estimate the contract at $110 million (73.8 million).
The winning bidder will add 600,000 m3 of storage facilities increasing the terminals current capacity of 1.5 million m3. It will also build four berths, bringing the total to 10.
Vopak originally planned to add 1.2 million m3 and between four and six berths. However, the company decided to split the development into two phases following in house front end engineering and design studies.