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INDIA: Foster Wheeler awarded contracts for Indian Oil Corp’s Paradip oil refinery

Sunday, 15 March 2009 20:57

(EnergyAsia, March 16, Monday) --- Engineering giant Foster Wheeler AG said its subsidiaries, Foster Wheeler Energy Ltd and Foster Wheeler (GB) Ltd, have been awarded a contract by Indian Oil Corp Ltd (IOCL) for a grassroots refinery at Paradip in the Indian state of Orissa.

Foster Wheeler said it will take on the role of project management consultant for the major part of developing the new 15-million-tonne-per-year refinery and will also execute the engineering, procurement and construction management (EPCm) for 15 of the process units plus offsites, utilities and infrastructure.

The EPCm scope includes the crude distillation units, reforming, alkylation and butane isomerisation units, plus significant offsites, utilities and infrastructure. The project will be executed from Foster Wheeler’s offices in the UK (Reading) and in India (Delhi, Chennai, Kolkata and the Paradip site).

“We believe this award demonstrates confidence in two of our key strengths, our broad and deep refining expertise and our proven track record in managing and safely executing the EPC phases of large, technically complex projects. We look forward to playing a key role in the safe and successful delivery of this strategically important project for IOCL,” said Michael J. Beaumont, chairman and CEO of Foster Wheeler Energy Ltd.

Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment.


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