McDermott has been awarded a project management consultancy (PMC) contract from India Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.

McDermott's scope includes project management and consultancy services for the unit, including front-end engineering design (FEED), review of engineering activities, construction supervision services, assistance in start-up, pre-commissioning, commissioning, performance guarantee test run and project closure.

"McDermott has a long-standing relationship with IOCL and is currently executing three large-scale projects at their Barauni and Haldia refineries," said Vaseem Khan, McDermott's Senior Vice President, Onshore. "Our unrivaled project management and execution capabilities, combined with our decades of experience in India, uniquely position us to successfully execute this project."

This is India's first mega-scale MAH plant to manufacture chemical products. MAH is used to make specialty products like polyester resins, surface coating plasticizers, agrochemicals and lubricant additives. Other chemicals that will be produced from the plant include Tetra Hydro Furan (THF), which is widely used in adhesives and vinyl film, and Butanediol (BDO), which is used in engineering-grade plastic and biodegradable fibers.

Work on the project will be executed from McDermott's Center of Excellence in Gurugram, India.

About McDermott

McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.

About Indian Oil Corporation Limited

IndianOil is, a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D; a world of best practices, quality-consciousness and transparency; and a world where energy in all its forms is tapped most responsibly and delivered to the consumers most affordably.