McDermott awarded PMC contract from IOCL
McDermott has been awarded a project management consultancy contract from Indian Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit in India’s Panipat Refinery and Petrochemical Complex.
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 plasticisers, 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.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More oil news

Isuzu to Build Car Plant in South Carolina as Trump Tariffs Loom

SoftBank Weighs Debt-Heavy Financing in $500 Billion AI Push

Stocks Climb as Traders Brush Aside Tariff Threats: Markets Wrap

Moove Works to Control Fire Within Complex in Rio de Janeiro

Stocks Slide as Tariff Angst Adds to Price Worries: Markets Wrap

China’s Oil Teapots Cut Runs to Pandemic Levels After Sanctions

China Refiners Set to Resell US Oil Cargoes After Tariff Blitz

Shell starts up new facility in UK North Sea, restoring production from the Penguins field

Oil Falls to Lowest Settlement Price of 2025 as Traders Flee
