Press Release


Oryx Group reaches agreement in Curaçao to operate Bullenbaai terminal and Emmastad facility in Willemstad

With a combined capacity of more than 30 million barrels, the Bullenbaai terminal together with the Emmastad facility provides an ideal infrastructure for the storage, blending and distribution of crude oil and refined products, providing strong support to regional and international supply chains.


Willemstad, Curaçao, July 1, 2024 - Oryx Group, through its subsidiary Oryx Midstream, has reached an agreement with Refineria di Kòrsou (RdK) to lease and operate the Bullenbaai terminal and Emmastad facility in Willemstad for a period of 30 years. With a storage capacity of more than 30 million barrels, both Bullenbaal and Emmastad are critical to the efficient handling of oil imports and exports in the Caribbean and other regions.


This agreement aligns with Oryx Group's commitment to strengthen its infrastructure and operational capabilities to meet the growing demands of the global oil market.


“We are excited to begin our operations in this key location,” said Ghanim M Al Saad, president of Oryx Group. “The Curaçao facility offers unparalleled logistical advantages and our operation will enable Oryx to position itself as an efficient and reliable player in the energy industry.”


Curaçao's strategic location as a deepwater port in the Caribbean allows it to receive large transoceanic tankers (VLCC and ULCC), for refueling and distribution purposes. It is ideally located outside the hurricane weather belt and acts as an ideal crossing point for international trade routes.


Curaçao's strategic location as a deep water port in the Caribbean allows it to receive large transoceanic tankers (VLCC and ULCC), for refueling and distribution purposes. It is ideally located outside the hurricane weather belt and acts as an ideal crossing point for international trade routes.


The initial phase of the collaboration with RdK will focus on the commissioning of the facility. Detailed technical, economic and environmental assessments will be carried out during the first three years to chart the course for the 30-year operational period.


Oryx is dedicated to maintaining the highest environmental and operational safety standards. The company will work with local stakeholders, including the government, to invest more than $70 million over the next five years to ensure the facility meets local and international environmental and safety standards, in addition to boosting the local economy through job creation and worker retraining. employees.


Oryx is expected to inherit an initial labor cost base of $12 million. As an equal opportunity employer, the company will work with RdK and its subsidiary CRU to train, retain and hire the necessary staff at both locations. Suppliers and contractors are also asked to affirm their commitment to Oryx's affirmative Equal Opportunity Program.

About Oryx Group


Oryx Group is an integrated company specialized in energy sector infrastructure, from the wellhead to the export chain. Founded in 2021, Oryx seeks to develop a strong global presence through its subsidiaries and strategic partners. The company includes offices in Hong Kong, Curaçao and Barbados, among others. Oryx is increasing its presence by focusing on key assets and investing effectively in multiple regions, ensuring a continuous and secure flow of energy resources.


For more information, please contact:

© 2024 Oryx Group | Legal Notice | Privacy Policy | Cookies Policy

We use cookies to enhance your experience. Click here to learn more.