Technip Energies: petrochemicals contract in India

(CercleFinance.com) - Technip Energies announces that it has won a 'significant' contract (between E50m and E250m in sales, depending on its terminology) from Indian Oil Corporation Limited (IOCL), which will be booked in its Q2 2024 order intake.


This contract includes the license, basic engineering, supply of proprietary equipment and catalysts, and associated services for a 1,500-kilotonne-per-year naphtha cracker unit at the Paradip petrochemical complex in India.

This petrochemical complex will be integrated with the existing 15-million-tonne-per-year refinery. It will be one of four projects proposed under the Petroleum, Chemicals & Petrochemical Investment Regions program in India.


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