McDermott Signs on to Cauvery Project in Nagapattinam
McDermott International announced in early October that it had won a key contract for the significant upcoming Cauvery project in Nagapattinam, India. This contract was described by McDermott to be for project management consultancy and EPC management services for the Package 2 portion at the project. No contract value was stated at press time.
McDermott received the award from Chennai Petroleum Corporation Limited as its refinery nears construction in order to produce BS-VI standard fuels, which is a higher standard intended to reduce carbon emissions and meet the growing fuel demand in southern India. This refinery has a processing capacity of 180,000 barrels per day, along with a separate polypropylene unit planned as well. McDermott plans to begin work by the fourth quarter of 2021, and construction is expected to take 45 months to complete for a potential startup in 2025.
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