Italy's Saipem may bag Cals Refineries' contract
OIL & GAS

Italy's Saipem may bag Cals Refineries' contract

Italy's Saipem will prepare the feasibility report for Cals Refineries' proposed facility in Haldia. Saipem, a subsidiary of Eni SpA, will get the engineering contract for the refinery if the feasibility report satisfies the concerned parties.

Cals has envisaged the project in three phases - a capacity of 100,000 barrels per day in phase I to be expanded to 200,000 barrels per day in phase II and further to 400,000 barrels per day in phase III. For the first phase, the company will ship a refinery from Germany and had entered into an agreement in 2008 to buy Bayernoil's Ingolstadt facility through Lohrmann International.

Italy's Saipem will prepare the feasibility report for Cals Refineries' proposed facility in Haldia. Saipem, a subsidiary of Eni SpA, will get the engineering contract for the refinery if the feasibility report satisfies the concerned parties.Cals has envisaged the project in three phases - a capacity of 100,000 barrels per day in phase I to be expanded to 200,000 barrels per day in phase II and further to 400,000 barrels per day in phase III. For the first phase, the company will ship a refinery from Germany and had entered into an agreement in 2008 to buy Bayernoil's Ingolstadt facility through Lohrmann International.

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