MUSCAT -- Topaz Energy and Marine yesterday announced that its Abu Dhabi subsidiary, Adyard LLC has recently been awarded a contract from Black and Veatch to supply claus reactors and CBA reactors for the Jamnagar Export Refinery Project undertaken by Reliance Petroleum Limited.
The contract worth approximately $4 million was signed recently at the Adyard offices in Abu Dhabi. The project is scheduled for completion at the end of May, 2007 and is another significant project win for Adyard to consolidate their market position in the higher value range of pressure vessel manufacture. "The Black and Veatch project team were extremely impressed with Adyard's revamped fabrication facility and the 'can do' attitude of Adyard's management in creating the right environment for negotiating this particular contract," said Jim Masterton, General Manager of Adyard.
Reliance Industries, one of India's biggest industrial houses and the largest private sector company in the sub-continent, is pursuing an aggressive investment strategy in Jamnagar. The export-oriented refinery, located near Mumbai, is one of the world's largest grassroots petrochemical complexes. The refining plant has a capacity of 27 million tonnes per year. Reliance Industries has suggested that it will be willing to spend between $2.5 billion and $3 billion to expand the Jamnagar petrochemical complex. Black and Veatch's Gas, Oil and Chemicals (GOC) Division has served clients since 1920 and specialises in gas processing, sulfur recovery and LNG technologies.
In conjunction with expertise in petroleum refining, petrochemical and chemical plants and co-generation units, Black and Veatch offers full-service engineering, construction and consulting services across the globe. Black and Veatch's own proprietary processes include the PRICO process for the liquefaction of natural gas, PRO-MAX for LPG recovery, and the MAG sulfur degassing system. Topaz Energy and Marine is a wholly owned subsidiary of Renaissance Services.
By Business Reporter
© Oman Daily Observer 2006
