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 […]
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 […]
Indian Oil Corporation (IndianOil) said that its board has accorded stage 1 approval for a styrene monomer project to be developed with a cost of INR 44.95 billion ($600 million) at its Panipat Refinery & Petrochemical Complex. The styrene monomer project will have a capacity of 387 thousand metric tonnes per annum (TMTPA). Anticipated to […]
Bharat Heavy Electricals Limited (BHEL) has won an INR4 billion ($54 million) order from Indian Oil Corporation Limited (IOCL) for delivering a sulphur recovery unit for the Paradip Refinery in Odisha. The lump-sum turnkey (LSTK) contract enables BHEL to foray into the downstream oil and gas process package business. The sulphur recovery unit to be […]
The Indian Oil Corporation (IndianOil or IOCL) said that its board has approved the INR 138.05 billion ($1.8 billion) integrated Para-Xylene (PX) and Purified Terephthalic Acid (PTA) complex project (PX/PTA project) at its Paradip Refinery in Odisha, India. The Indian government-owned petroleum refining company said that the PX-PTA complex will be integrated with the Paradip […]