Indian Oil Corporation (IndianOil) and NTPC Green Energy, a 100% subsidiary of NTPC, have agreed to form a joint venture (JV) to build renewable energy power plants to meet the power requirements of the former’s new projects of its refineries in India. Gurdeep Singh — NTPC CMD said: “Energy Transition is inevitable, what we have […]
Chennai Petroleum Corporation (CPCL) along with Indian Oil Corporation Limited (IOCL or IndianOil) and seed equity partners have entered into a joint venture agreement for implementing the 9MMTPA Nagapattinam refinery project in Tamil Nadu. IndianOil and CPCL will have a combined stake of 50%, with each having 25% in the joint venture company. The remaining […]
Indian Oil Corporation Limited (IOCL or IndianOil) has awarded a contract to Nuberg EPC for constructing a sulphur recovery plant for its Gujarat Refinery LuPech project. The sulphur recovery plant, which comprises a sulphur recovery unit with a capacity of 400 tonnes per day (TPD), a control room, and a substation for sulphur block, will […]
Oil and Natural Gas Corporation (ONGC) has signed contracts under the DSF-III bid round to develop six discovered small fields (DSF) in Indian offshores. The contracts cover three fields each in the Arabian Sea and the Bay of Bengal and will involve a total investment of more than $1.89 billion (INR 15,004 crores) to develop the […]
Larsen & Toubro (L&T) said that the hydrocarbon-onshore segment of its energy business has won a contract from Indian Oil Corporation (IOCL) pertaining to the Panipat Refinery Expansion Project (P-25 project). The company has been awarded an engineering, procurement, construction, and commissioning (EPCC) contract from IOCL for installing a residue hydrocracker unit (RHCU) for the […]
Indian Oil Corporation Limited (IOCL) has inked a long-term supply agreement with Air Products to secure the supply of hydrogen and nitrogen from the latter for its Barauni oil refinery in Bihar. In this connection, Air Products will build, own and operate (BOO) a new industrial gases complex, which will produce hydrogen, nitrogen, and steam […]
Engineers India Limited (EIL) said that it has bagged a contract worth INR 1,039 crores ($140 million) pertaining to the Cauvery Basin Refinery Project in Tamil Nadu from the Chennai Petroleum Corporation Limited (CPCL). The contract is for executing the engineering, procurement and construction management-1 (EPCM-1) with MPMC and EPCM-3 services for the 9 million […]
Larsen & Toubro (L&T) said that its heavy engineering unit has bagged an order from Technip Energies-India for supplying an oxidation reactor to be installed at a public sector petrochemical project in India. The order is for the technologically critical titanium clad reactor for a purified terephthalic acid plant. According to Larsen & Toubro, the […]
The Indian Oil Corporation Limited (IndianOil or IOCL) has awarded a contract pertaining to the Barauni Refinery Expansion Project in Bihar to McDermott International. The contract is for the engineering, procurement, construction (EPC) and commissioning of a new naptha hydrotreating plant and a new isomerization plant with related facilities. Commenting on the Barauni Refinery Expansion […]
Indian Oil Corporation Limited (IndianOil) announced that Rajendra Arlekar has resigned as an independent director of the union government-owned oil and gas company with immediate effect. Rajendra Arlekar said that he had resigned from the role as he was appointed as the new Governor of Himachal Pradesh state in India. In a letter to the […]