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Software Updates: Oil & Gas Projects
Feb 14:
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8Project Name: Drilling Site Development: RFQs in March, 2018
8Project Name: Pipeline Development
8Project Cost: Rs 50 crore.
8Project Description: Promoter is planning the construction of a Natural Gas Transmission Pipeline. The project involves laying of a 20 km of pipeline. Currently, the project is in the pre-clearance phase. The EIA consultant for the project has already been hired. Moreover, the project is expected to be executed on EPCM basis. The process of hiring an EPCM contractor for the pipeline project is expected to begin soon.
8Project Event: RFQ for hiring an EPC Contractor is expected by June 2018.
8Expenditure Approval: Dec/2017.
8RFQ Date: Jun/2018.
Release Date: Aug/2018.
8Start Date: Jun/2019.
8Completion Date: Jun/2020.
Click here for more details
8Project Name: Oil Field Redevelopment
8Project Cost: Rs 1200 crore.
8Project Description: RFQ for promoter's oil field development project has been delayed a bit. The project involves drilling of 130 wells, revamping and upgradation of GGS-cum-CTFs in the field and construction of a new ETP Effluent Treatment Plant (ETF). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded for the bid price of Rs 400 crore. After implementation of this scheme, cumulative oil production from the field is expected to be 21 MMT by the year 2029-30, with an incremental crude oil production of 3.5 MMT.
Currently, the work on the GGS is going on since August 2017.The drilling part of the project would be done by promoter itself. Further RFQs are expected shortly.
8Project Event: Promoter will come out with RFQs for hiring the LSTK contractor for the ETP by March 2018 instead of February 2018.
8Expenditure Approval: Feb/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Sep/2020.
Click here for more details |
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore.
8Project Description: Promoter is planning the development of an oil block. The project involves development drilling of oil wells, installation of 20 EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). The promoter has already hired a consultant for EIA report preparation. Currently, the product is in the engineering phase. The environment clearance for the project has already been granted in December 2017. As many as 20 Early Production Systems are expected to be completed on EPC basis at an overall cost of Rs 3 Crores per EPS. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for project requirements is expected by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020
Click here for more details
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8Project Name: Drilling Site Development: RFQs in March, 2018
8Project Name: Pipeline Development
8Project Cost: Rs 50 crore.
8Project Description: Promoter is planning the construction of a Natural Gas Transmission Pipeline. The project involves laying of a 20 km of pipeline. Currently, the project is in the pre-clearance phase. The EIA consultant for the project has already been hired. Moreover, the project is expected to be executed on EPCM basis. The process of hiring an EPCM contractor for the pipeline project is expected to begin soon.
8Project Event: RFQ for hiring an EPC Contractor is expected by June 2018.
8Expenditure Approval: Dec/2017.
8RFQ Date: Jun/2018.
Release Date: Aug/2018.
8Start Date: Jun/2019.
8Completion Date: Jun/2020.
Click here for more details
8Project Name: Oil Field Redevelopment
8Project Cost: Rs 1200 crore.
8Project Description: RFQ for promoter's oil field development project has been delayed a bit. The project involves drilling of 130 wells, revamping and upgradation of GGS-cum-CTFs in the field and construction of a new ETP Effluent Treatment Plant (ETF). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded for the bid price of Rs 400 crore. After implementation of this scheme, cumulative oil production from the field is expected to be 21 MMT by the year 2029-30, with an incremental crude oil production of 3.5 MMT.
Currently, the work on the GGS is going on since August 2017.The drilling part of the project would be done by promoter itself. Further RFQs are expected shortly.
8Project Event: Promoter will come out with RFQs for hiring the LSTK contractor for the ETP by March 2018 instead of February 2018.
8Expenditure Approval: Feb/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Sep/2020.
Click here for more details |
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore.
8Project Description: Promoter is planning the development of an oil block. The project involves development drilling of oil wells, installation of 20 EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). The promoter has already hired a consultant for EIA report preparation. Currently, the product is in the engineering phase. The environment clearance for the project has already been granted in December 2017. As many as 20 Early Production Systems are expected to be completed on EPC basis at an overall cost of Rs 3 Crores per EPS. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for project requirements is expected by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020
Click here for more details
