Petrofac will carry out work at Bharat’s Kochi Refinery, located in Kerala, India, under the 27-month contract which encompasses engineering, procurement, construction, pre-commissioning and commissioning operations.
"Having previously executed EPC projects in India between 1997 and 2004, we are delighted to have secured this contract to deliver a new complex of units at the BPCL Kochi Refinery,” said Sunder Kalyanam, managing director for Engineering & Construction Growth.
“This award demonstrates our organic growth ambitions in action, and attests to our strategy of a continued increase in our capabilities in India, a country which holds a special place in our service offering.
Kalyanam added: "Petrofac has thriving operational centres in Mumbai, Chennai and Delhi that provide engineering services through a multidisciplinary capability, supporting our projects globally.
“In addition to our core activities, we offer a comprehensive graduate training programme and are committed to social investment. We look forward to continuing to build a sustainable and long-term presence in-country through the safe and timely delivery of this project for BPCL."
In afternoon trading Petrofac shares on the FTSE 250 index were up 2% at 498.70p.
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