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Essar Projects secures US$80 million contract in Abu Dhabi

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May 23, 2013 Bookmark and Share  

Mumbai: Essar Projects (EPL), a global Engineering, Procurement and Construction (EPC) contractor has bagged three new orders totalling US$80m in Abu Dhabi underpinning its presence in the Middle East market.

TAKREER has awarded a direct contract to EPL for  EPC works, commissioning and start-up for a spent caustic treatment plant of capacity 3.6 cubic meter per hour at Abu Dhabi refinery. Merichem Process Technologies, Houston is the technology partner for the project.

Samsung Engineering, Korea has awarded a contract to EPL for civil works for the Carbon Black & Delayed Coker (CBDC) project for the Ruwais refinery.

G. S. Engineering, Korea has awarded construction of twin Inter Refinery Pipelines (IRP); one being a 28 inches x 94.6 km, Jet A1 pipeline and the other being a 28 inches x 94.6 km, gas oil pipeline.

Mr Alwyn Bowden, President & CEO, Essar Projects (EPL), said, “The Middle East is a key market for Essar Projects. These wins are strategically important steps in reinforcing our global footprint, and build on our existing presence, executing projects in South East Asia, India, Africa, and the USA.”

Commenting on the development, Mr Amit Gupta, CEO - Hydrocarbons, said, “There is a huge potential in the hydrocarbons space in the Middle East. Essar Projects is committed to growth in the region, and has already set up local offices in United Arab Emirates, Sultanate of Oman, Kuwait, Qatar and Kingdom of Saudi Arabia in order to actively win and execute mega projects in the region."

Mobilization activities for all of these contracts are underway. The EPC for the spent caustic plant is scheduled for completion in 27 months; the civil contract for CBDC is to be completed in 22 months, and the time frame for the IRP twin pipeline is eight months.

Takreer is considered to be a prominent oil refining company regionally and internationally, contributing strongly to the rapid growth of UAE economy. Since inception, Takreer has maintained its position as a leading refining company, thanks to high standards and efficient refining operations, consistent with sound health, safety and environment practices, as well as world standard performance of both operations and employees.

About Essar Projects (EPL)
Essar Projects is a global Engineering, Procurement and Construction (EPC) company offering a unique collaborative end to end project development and delivery model for major (mega) projects, back integrated into the supply chain and forward integrated into the operator’s mind set through its sister company links.

EPL offers its expertise to the following industries: oil and gas (upstream, mid-stream and downstream) including cross country pipelines and terminals - offshore and onshore, infrastructure (ports and marine, civil and building), power (including hydroelectric) and minerals and metals and has presence in over 20 countries spread across five continents. The company has over four decades of experience in delivering mega projects and has recently added a concessions business to its product offerings. EPL is headquartered in Dubai and operates across regions through wholly owned subsidiaries.

EPL has ‘in house’ a large Engineering and Procurement division as well as operating extensive fabrication facilities and a large construction equipment bank operated from a low cost Indian base.

About Hydrocarbon Business
EPL has proven capabilities in delivering world-class facilities to the hydrocarbon industry. The company has successfully executed various contracts for 'Blue Chip' clients such as Indian Oil Corporation Limited (IOCL), GAIL (India) Limited (GAIL) and Gujarat State Petronet Limited (GSPL). EPL has delivered one of the most advanced and mega-scale refineries of the world at a single location in Gujarat, India by completing the 20 MMTPA integrated refinery for Essar Energy Plc. with a Nelson Complexity Index of 11.8. It has been built with state-of-the-art technology and gives our client Essar Energy the capability to produce petrol and diesel suitable for use in India as well as advanced international markets. The facility is capable of processing heavier crudes, resulting in increased gross margin revenue for the client.

EPL is currently executing US$400 million OSBL works at Jurong Aromatics Complex in Singapore for Jurong Aromatics Corporation (JAC). EPL is currently executing nine process units on a LSTK basis for the 15 MMTPA refinery at Paradeep in Odisha (India) for IOCL. EPL is also executing on an EPC basis a fertiliser plant at Durgapur, West Bengal (India) for Matix Fertilizers & Chemicals Limited of ammonia capacity 2,200 TPD and urea capacity 3,850 TPD, which is the biggest urea fertilizer plant in India.

For media queries, please contact:
Mr Jatin Aggarwal, DGM - Corporate Communications, Essar Group
Tel: +91 9930136303, Email: jatin.aggarwal@essar.com        

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