Petrofac awarded second EPC contract in India

RNS Number : 3620I
Petrofac Limited
21 March 2018
 

Press Release

 

21 March 2018

 

 

 

 

PETROFAC EXPANDS ACTIVITY IN INDIA WITH SECOND EPC CONTRACT IN 2018

Petrofac 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 (VRMP), Visakhapatnam, Andhra Pradesh, India.

 

The lump-sum engineering, procurement and construction (EPC) project, valued at approximately US$200 million, includes licensing and commissioning. The SRU package will be constructed within the existing refinery under the terms of the 30-month contract.

 

Sunder Kalyanam, Group Managing Director for Petrofac's Engineering & 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."

 

Ends

 

 

  

 

 

 

For further information, contact:

 

Petrofac Limited      

+44 (0) 207 811 4900

 

Jonathan Low, Head of Investor Relations

jonathan.low@petrofac.com

 

Alison Flynn, Group Head of Communications

alison.flynn@petrofac.com 

+44 (0) 207 811 4913

 

Tulchan Communications Group

+44 (0) 207 353 4200

petrofac@tulchangroup.com

 

Martin Robinson

 

 

LEI 2138004624W8CKCSJ177

 

 

NOTES TO EDITORS

 

Petrofac

 

Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse client portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).

 

Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its clients' needs across the full life cycle of oil and gas assets.

 

With around 12,500 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.

 

For additional information, please refer to the Petrofac website at www.petrofac.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTURRKRWBAOUAR
UK 100

Latest directors dealings