Source: Business Wire
Friday, September 18, 2009 12:20 PM IST (06:50 AM GMT)
Editors: General: Consumer interest; Business: Business services, Chemicals, Construction, Energy companies, Heavy industries; Technology
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(BW)(TX-KBR)(KBR)KBR Awarded Contract by Hindustan Petroleum Corporation (HPCL) to Implement ROSE® Technology at Mumbai Refinery
Houston, United States, Friday, September 18, 2009 -- (Business Wire India) --
KBR (NYSE: KBR) announced that it has been awarded a contract by the Hindustan Petroleum Corporation (HPCL), to provide license and engineering services and proprietary equipment for augmenting the capacity of an existing de-asphalting unit in its Mumbai Refinery in India.
KBR will perform a revamp on an existing propane de-asphalting unit (PDA) using its proprietary ROSE® technology and state-of-the-art ROSEMAXT internals to achieve the key objective of improving refinery margins. This contract has the unique importance of being KBR's 50th ROSE® license worldwide. KBR's ROSE® technology processes more than one million barrels per day (bpd) of feedstock annually.
"This award is a great milestone for KBR as it is a testament to the Company's track record of high-quality work in this market," said John Rose, Group President, KBR Hydrocarbons. "We are proud to partner with HPCL and we are confident that KBR's expertise in this area will lead to the successful completion of its facility upgrade."
HPCL is one of the largest Oil Refining & Marketing companies in India with refineries in Mumbai and Visag. A third refinery project of the company is being implemented in Punjab in Northern India in JV with Mittal Energy Investment Pte. The Mumbai refinery is being upgraded to increase distillates, particularly automotive fuels production. The revamp of PDA unit is a part of this upgrade project.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services and civil infrastructure sectors. For more information, visit www.kbr.com.
CONTACT DETAILS
KBR
Director, Communications
Heather Browne, 713-753-3775
heather.browne@kbr.com
or
Director, Investor Relations
Rob Kukla, Jr., 713-753-5082
investors@kbr.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, CHEMICALS, CONSTRUCTION, ENERGY, HEAVY INDUSTRIES, TECHNOLOGY
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