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Petrofac wins $200m EPC contract for refinery project in India

Petrofac has been awarded a $200m (AED735m) Engineering, Procurement and Construction (EPC) contract by Hindustan Petroleum Corporation Limited (HPCL) for a refinery project in India

The contract encompasses work on HPCLs Sulphur Recovery Unit (SRU) Block Package.
The contract encompasses work on HPCLs Sulphur Recovery Unit (SRU) Block Package.

Petrofac has been awarded a $200m (AED735m) Engineering, Procurement and Construction (EPC) contract by Hindustan Petroleum Corporation Limited (HPCL) for a refinery project in India.

The contract encompasses work on HPCL’s Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation project at Visakhapatnam in the Indian state of Andhra Pradesh.

The SRU package, which includes licencing and commissioning, will be constructed within the existing refinery under the terms of the 30-month contract.

READ: Petrofac awarded $580m EPC contract for GCC project

 

Sunder Kalyanam, group managing director for Petrofac’s Engineering and Construction Growth business, said: "We are delighted to be supporting HPCL in the delivery of this important package at the Visakh Refinery.

“It is particularly satisfying to be expanding our EPC activities in-country with this award and our recent contract award in Kerala. Both demonstrate our growth strategy in action and the continued strength of our capability in the refinery sector."

The UK-based company announced earlier this week the signing of a binding letter of intent for a contract worth around $580m (AED2.13bn) with a GCC National Oil Company.

Petrofac is also currently working on a $2.9bn contract for the development of ADNOC Offshore’s Upper Zakum field in the UAE.

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Construction Week - Issue 754
Nov 23, 2019