Petrofac Awarded India EPC Contract

Petrofac has been awarded a lump-sum Engineering, Procurement and Construction (EPC) contract by Bharat Petroleum Corporation Limited (BPCL) valued at approximately US$ 135 million.

Located at BPCL's Kochi Refinery, Kerala, India, the scope of work encompasses engineering, procurement, construction, pre-commissioning and assistance with commissioning. The 27-month contract is for the addition of a new Motor Sprit (MS) block of refining units, which will increase the current output of the facility to meet India's BS-VI automotive fuel quality.

Sunder Kalyanam, Group Managing Director for Petrofac's Engineering & Construction Growth business said:  “Having previously executed EPC projects in India between 1997 and 2004, we are delighted to have secured this contract to deliver a new complex of units at the BPCL Kochi Refinery. This award demonstrates our organic growth ambitions in action, and attests to our strategy of a continued increase in our capabilities in India, a country which holds a special place in our service offering.

“Petrofac has thriving operational centres in Mumbai, Chennai and Delhi that provide engineering services through a multidisciplinary capability, supporting our projects globally. In addition to our core activities, we offer a comprehensive graduate training programme and are committed to social investment. We look forward to continuing to build a sustainable and long-term presence in-country through the safe and timely delivery of this project for BPCL.”

Visit source site

PetrofacIndiaEPCContractBCPLKochi RefineryRefinery

More items from oilvoice

Tullow Oil: Pricing of $800m Senior Notes

16 March 2018 - Tullow Oil plc (“Tullow” or the “Company”) is pleased to announce that it has priced its offering of $800 million aggregate principal amount of 7% senior notes due 2025 at par (the “Notes”). The size of the offering has been increased from $650 million, indicated at launch on 12 Ma ...

OilVoice Press - OilVoice

Posted 22 hours agoPress > Tullow OilSenior Notes

Swire Oilfield Services Develops Norwegian Operations with New Base

Swire Oilfield Services, a global leading provider of Offshore Containers and oilfield services, has today developed its Norwegian operations with the opening of a new base facility in Mongstad. Swire Oilfield Services have invested over half a million pounds in the new facility which is approved ...

OilVoice Press - OilVoice

Posted 22 hours agoPress > Swire Oilfield ServicesNorwayMongstad +3

Government Policy Crucial For Future of Upstream Sector in Southeast Asia, Says GlobalData

As the upstream sector recovers from the 2014 oil price crash and resulting budget cuts, a number of Southeast Asian governments are adapting policies in the sector in the hope of capturing a share of new investment, according to GlobalData , a leading data and analytics company. The most signifi ...

OilVoice Press - OilVoice

Posted 1 day agoPress > GlobalDataupstreamSoutheast Asia +3

Elk Petroleum Half-Year FY2018 Results & Guidance

Half-Year headlines Aneth acquisition delivers dramatic growth in reserves, production, cash flow & shareholder value 44% increase in share price to A$0.095 (15 March 2018) – up from A$0.066 (30 June 2017) 1P Reserves1 = 47.5 mmboe – up 35.0 mmbbls (380% increase) since 30 June 2017 ...

OilVoice Press - OilVoice

Posted 1 day agoPress > Elk PetroleumReportReserves +2

Range Resources Half -Yearly Report

Range today releases its half-yearly report (unaudited) for the 6 months ending 31 December 2017.    Yan Liu, Range's Chief Executive Officer, commented: “We are extremely encouraged by the progress in both operational and financial performance demonstrated in the interim results. We conti ...

OilVoice Press - OilVoice

Posted 1 day agoPress > Range ResourcesReportTrinidad +2
All posts from oilvoice