Science Applications International Corporation (SAIC) (NYSE: SAI) today announced its wholly-owned subsidiary, Benham Constructors, LLC has been awarded two new contracts by a subsidiary of Holly Corporation (NYSE: HOC), an independent petroleum refiner and marketer, to provide engineering, procurement and construction services. The contracts have a combined value of approximately $27 million. Work will be performed in Oklahoma City and Tulsa, Okla.
Holly produces gasoline, diesel and jet fuel as well as specialty lubricants, oil and waxes at its Tulsa refining facility. The first contract will support Holly's Interconnecting Piping Project and is valued at $14 million. Under the contract, Benham will help integrate piping interconnections at Holly's east and west refining facilities by performing tasks such as site preparation; utility relocation; foundation design and installations; and piping and structural steel design, fabrication and installation.
Under the second contract, valued at $13 million, Benham will support Holly's Diesel Hydrotreater Revamp project by developing a front-end process design package, and providing detail engineering, procurement and construction for the modified facilities.
"We look forward to supporting Holly with quality engineering and construction services as they work to enhance the interoperability and efficiency of their refining facilities and operations in Tulsa, and satisfy ultra low sulfur diesel requirements," said J.T. Grumski, SAIC senior vice president and business unit general manager.