THREE60 Energy has been awarded a contract by Shell UK to provide EPCC services to offshore facilities and onshore plants in the UK

THREE60 Energy has secured this contract as a direct result of a competitive tender process.

This significant contract win will run for an initial period of three years, with further extension options. The award will result in the continued growth of the THREE60 EPCC workforce. 

Alasdair Smith, Managing Director of THREE60 Energy’s EPCC business, said:

“We look forward to working together closely in the years ahead to bring additional value to Shell’s operations. We’re proud that our service offering, built on integrity, ownership, collaboration, and challenge, has been recognised by a global energy organisation such as Shell. We are particularly excited about playing our part in meeting Shell’s climate target of becoming a net-zero emissions energy business.”  

Walter Thain, Group CEO of THREE60 Energy, said:

“We are delighted to have been selected by Shell to provide core integrated engineering, procurement, and construction services across their UK facilities. Shell is an important customer to us, not only in the UK, but also across wider geographies where we support them in subsurface and operational geoscience services. It’s great to see our differentiated and value-adding delivery service given further recognition as we continue to support Shell’s successful transformation in line with the energy transition.”

THREE60 Energy has been delivering multi-discipline EPCC modifications, projects and support services since 2014. In recent months, its EPCC business has also achieved further success with the award of four contract extensions with UK operator customers. These cover a new two-year period with expanded scope. 

Source: THREE60 Energy

Technip Energies Awarded a Large Petrochemical Contract by Indian Oil Corporation for a New PTA Plant

Technip Energies has been awarded a large Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its Para Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Orissa, on the East Coast of India.

This EPCC contract covers the delivery of a new 1.2 MMTPA PTA plant and associated facilities. PTA is a major raw material used to manufacture polyester fibers, PET bottles and polyester film used in packaging applications.

Marco Villa, Chief Operating Officer of Technip Energies commented: “We are pleased to be awarded another prestigious contract by Indian Oil Corporation Limited. We look forward to starting this significant project which illustrates our commitment to India – a core market for us. It also significantly consolidates our leading position for executing complex petrochemical projects.”

Paradip Refinery is the most-modern refinery in India. Its products meet the energy demands of the domestic market and are partly exported. With the aim to create a value chain, Paradip Refinery has ventured into petrochemicals with the production of Polypropylene (PP), Mono Ethylene Glycol (MEG), and is now going into Para Xylene (PX) and Purified Terephthalic Acid (PTA) production. The availability of PTA at Paradip will provide a boost to polyester manufacturing facilities in the vicinity.

Technip Energies has a strong footprint in India and local presence in Delhi, Mumbai, Chennai and Dahej.

(1) For Technip Energies, a “large” contract is between €250 million and €500 million.

(2) Million Tons Per Annum

Source: technipenergies.com

L&T Hydrocarbon wins EPCC Contract for Petrochemical Fluidized Catalytic Cracking Unit from HRRL

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has won an order from HPCL Rajasthan Refinery Limited (HRRL), a joint venture between Hindustan Petroleum Corporation (HPCL) and Government of Rajasthan.
The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a Petrochemical Fluidized Catalytic Cracking (PFCC) including Propylene Recovery Unit, EPCC-03 Package (capacity: 2.9 MMTPA), for Rajasthan Refinery Project at Barmer, Rajasthan. The unit is licensed by TechnipFMC.
The PFCC will convert the heavy hydrocarbons from the Vacuum Distillation Unit to produce more valuable gasoline, diesel, propylene and lighter products by the process of catalytic cracking.
Mr.Subramanian Sarma, Whole-time Director & Sr. EVP (Energy), Larsen & Toubro Limited and CEO & MD, LTHE said, “This is another package that LTHE has won from HRRL amid stiff global competition. It will be our endeavour to live up to the trust reposed by HRRL and HPCL in our execution capabilities and quality assurance.” LTHE is already executing three packages, namely Residue Up-gradation Facility, Crude
Distillation Unit / Vacuum Distillation Unit and Full Conversion Hydrocracker Unit for HPCL’s ongoing Visakh Refinery Modernisation Project at Visakhapatnam. LTHE has a proven track record of over 25 years in the refinery and petrochemical sector and bagging this contract from HRRL reinforces our integrated capabilities in executing critical plants for the sector.
The contract is awarded through international competitive bidding on Lump Sum Turnkey (LSTK) basis. With both the Petro Fluidised Catalytic Cracking Unit and Dual Feed Cracker Unit projects, LTHE has emerged as the largest EPC contractor in the entire Rajasthan Refinery Project.
Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Engineering Services verticals, LTHE delivers ‘design to build’ engineering and construction solutions across the hydrocarbon spectrum.

Source: corpwebstorage.blob.core.windows.net