Thursday , January 24 2019

Petrofac wins India contract


UAE-based Petrofac, a leading service provider to the oil and gas production and processing industry, on Wednesday announced that it has been awarded a contract by Hindustan Petroleum Corporation Limited, HPCL, for its Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation Project at Visakhapatnam in the Indian state of Andhra Pradesh.
The lump-sum EPC project, valued at approximately $200 million, around AED735 million, includes licencing and commissioning. The SRU package will be constructed within the existing refinery under the terms of the 30-month contract.
Sunder Kalyanam, Group MD 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.”

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