Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Hindustan Petroleum Corporation Limited (HPCL) to provide project management consultancy services for a diesel hydrotreater (DHDT) project at HPCL's refining complex in Mumbai, India.
Officials did not disclose the contract value, but estimate the overall total installed cost at $650 million.
Jacobs will perform front-end engineering design and supervise the lump-sum turnkey contracting for the DHDT project. Work includes the installation of a DHDT and associated facilities in HPCL's Mumbai refinery to meet stringent Euro-IV specifications for diesel.
In making the announcement, Jacobs Group Vice President Chris Nagel stated, "We are excited to continue our working relationship with HPCL and are committed to the safe completion of the DHDT project."
HPCL, a Fortune 500 company, is regarded as one of the major integrated oil refining and marketing companies in India.
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