The project is for the storage of crude oil in Visakhapatnam, India.
The total installed cost of the project is estimated at $65m.
IOT is executing the project on an EPC basis for ISPRL and Jacobs will perform engineering services from their offices in India.
Jacobs Group vice president Chris Nagel said that he is delighted to continue serving IOT and ISPRL to help them meet their customers’ expectations.
Indian Oiltanking, founded in 1997, is a joint venture between Indian Oil Corporation Limited and Oiltanking.
