This is your 1 News posts out of 3 that you are entitled to as a guest.

Please sign up for one of our PREMIUM SUBSCRIPTIONS to continue your access to Global Energy Infrastructure.

McDermott Awarded PMC Contract From IOCL

5/24/2023

McDermott - Press Release

McDermott has been awarded a project management consultancy (PMC) contract from India Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.

McDermott's scope includes project management and consultancy services for the unit, including front-end engineering design (FEED), review of engineering activities, construction supervision services, assistance in start-up, pre-commissioning, commissioning, performance guarantee test run and project closure.

"McDermott has a long-standing relationship with IOCL and is currently executing three large-scale projects at their Barauni and Haldia refineries," said Vaseem Khan, McDermott's Senior Vice President, Onshore. "Our unrivaled project management and execution capabilities, combined with our decades of experience in India, uniquely position us to successfully execute this project."

This is India's first mega-scale MAH plant to manufacture chemical products. MAH is used to make specialty products like polyester resins, surface coating plasticizers, agrochemicals and lubricant additives. Other chemicals that will be produced from the plant include Tetra Hydro Furan (THF), which is widely used in adhesives and vinyl film, and Butanediol (BDO), which is used in engineering-grade plastic and biodegradable fibers.

Work on the project will be executed from McDermott's Center of Excellence in Gurugram, India.