McDermott has secured a project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) contract for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project from Indian Oil Corporation Limited (IOCL). The project, based at the Panipat Refinery and Petrochemical Complex located 62 miles (100 kilometers) from New Delhi, […]
McDermott, a global engineering and construction company, has been awarded a significant project management consultancy (PMC) contract by India Oil Corporation Limited (IOCL). The contract pertains to the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, situated just 62 miles (100 kilometers) from New Delhi, India. As part of the contract, McDermott […]
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 (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 […]
Indian Oil Corporation Limited (IOCL) has given a contract to Engineers India Limited (EIL) pertaining to the $4.4 billion Panipat Refinery expansion project in Haryana. Under the INR six billion worth contract, Engineers India Limited will be responsible for providing consultancy for overall project management and also EPCM services (phase 2) of the project. The […]
McDermott International has received a technology contract for grassroots fluid catalytic cracking unit (FCC unit) for the Panipat Refinery in Haryana, India owned by Indian Oil Corporation Limited (IOCL/ IndianOil). With a value between $1 million and $50 million, the contract involves technology license, basic engineering, proprietary equipment, training and technical services. The fluid catalytic […]