Business A.M
No Result
View All Result
Saturday, February 21, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Energy

Axens, France’s energy giant lands 9mmtpa refinery construction deal in India

by Admin
January 21, 2026
in Energy

 

…Its second project in months in South Asian country

…Also built Manali 10.5mmtpa 10 years ago

…Already off with Nigerian BUA group’s 200,000 mtpa plant

 

 

Ben Eguzozie, in Port Harcourt

 

France’s global energy technology solutions provider, Axens group, has been selected by India’s Chennai Petroleum Corporation Limited (CPCL), a member of the Indian Oil Corporation Limited (IOCL), to supply advanced technologies for its state-of-the-art 9 million metric tons per annum (MMTPA) refinery to be built at Cauvery Basin at Nagapattinam in Tamil, southern part of India.

 

CPCL’s Cauvery Basin Refinery (CBR) was commissioned in November 1993, to process Narimanam crude, initially with a capacity of 0.5 MMTPA, further expanded to 1.0 MMTPA in 2002. CPCL is planning to expand the capacity of CBR by adding grassroots facilities at the same location of the existing refinery in Nagapattinam.

 

For over a decade, Axens has built a strong and trustful relationship with CPCL for its Manali Refinery (10.5 MMTPA), involved in technologies, catalysts and services supply and supporting it through different projects.

 

Axens, a global expert in the energy industry technology supplies, will provide the following for CPCL’s Cauvery Basin Refinery: Naphtha Hydrotreating Unit, Reforming unit (Octanizing), C5-C6 isomerization unit, VGO (Vacuum Gasoil) Hydrotreater incorporating ZPJE spiraled tube heat exchangers technology that enables to achieve highest energy efficiency through heat recovery maximization, Cracked gasoline selective desulfurization (Prime-G+) unit, and Sulfur block consisting of two trains of Claus unit and two trains of Tail Gas Treatment unit (Sultimate).

 

The French energy group is already off with supply of process technologies for Nigerian BUA Group’s 200,000 bpd greenfield refinery and petrochemicals plant in Akwa Ibom State.

 

Corinne Garriga, head of Axens Group Communications, in a statement to Business A.M., quoting Patrick Sarrazin, Executive Vice-President of Process Licensing Global Business Unit, said the scope of Axens’ work includes the supply of process book, catalysts & adsorbents proprietary equipment, trainings and technical services.

 

“Today marks a significant step towards the expansion of the CPCL’s Cauvery Basin Refinery. With these numerous advanced technologies, CPCL will be well positioned to supply the market with clean fuels reaching Bharat Stage VI (BS VI) specifications. Our extensive refining technology expertise, global capabilities in the basic design, catalysts, equipment and services supply position Axens ideally to deliver this important contract for CPCL,” Sarrazin said.

 

The CPCL Cauvery Basin Refinery project is Axens second big deal energy project in months in India, a member of the BRICS group of nations. Last February, the French energy firm was awarded contract to upgrade the Numaligarh Refinery Limited (NRL), carved out of Bharat Petroleum Corporation Limited (BPCL), a state-run oil refining undertaking under India’s Ministry of Petroleum and Natural Gas.

 

NRL, in which BPCL holds 61.65 per cent stake, while Oil India holds 26 per cent, and the government of Assam owns 12.35 per cent, selected Axens to supply advanced technologies in gasoline block for the Numaligarh Refinery expansion project (NREP).

 

India has 18 public sector refineries, and five refineries in the private sector/or as a joint venture. The largest refineries are RIL Jamnagar (Gujarat), NEL Vadinar (Gujarat) and IOC Panipat (Haryana). As part of its strategy to divest stake in state-run BPCL, which runs two large refineries, the Indian government in November 2020 decided to carve out NRL from BPCL.

Admin
Admin
Previous Post

Star Deepwater, co-operators of Agbami field, donate to Rivers host communities

Next Post

Nigeria to begin fresh subsidy on transportation of gas products, despite N10.7trn spent in fuel 10-yrs

Next Post

Nigeria to begin fresh subsidy on transportation of gas products, despite N10.7trn spent in fuel 10-yrs

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026
Zoho targets Africa expansion after 30 years with self-funded growth strategy

Zoho targets Africa expansion after 30 years with self-funded growth strategy

February 19, 2026
GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M