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Indian Oil Corporation awards McDermott contract for project management consulting

Petroleum  -  Aug 02,2023  - 

Indian Oil Corporation Limited (IOCL) has given McDermott a contract for project management consulting (PMC) and engineering, procurement, and construction management (EPCM) for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative plant project. The project is situated 62 miles (100 km) from New Delhi, India, at the Panipat Refinery and Petrochemical Complex.

The project will increase the ethylene production capacity of the naphtha cracker unit (NCU) by approximately 20 percent. The additional ethylene and propylene production will act as feed for downstream polymer units.

The polymer products will be used for the manufacture of household and industrial items, including containers, automobile parts, furniture, and heavy-duty films.

"McDermott is currently executing four other projects for IOCL, including the maleic anhydride (MAH) unit at the same site, allowing us to leverage our local resources and expertise while realizing synergies," said Vaseem Khan, Senior Vice President, Global Operations. "Furthermore, the project supports the growing demand for ethylene and propylene which will reduce imports and accelerate economic development in the area."

Company : McDermott