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Software updates: Oil and Gas Projects.
Nov 03: 8Project Name: Refinery Greenfield Propylene Derivative Petrochemical Project
8Project Cost: Rs 4588 Crore
8Project Description: An existing company along with PMC contractor and licensor Air Liquide Global E&C Solutions is carrying out engineering activities to establish a Propylene Derivatives Petrochemical Project (PDPP) to manufacture petrochemical products such as Acrylic acid, Oxo-alcohols, and Acrylates in its refinery. RFQ for miscellaneous civil and structural work is already out. Equipment orders have already been placed.
8Project Event: RFQ for the erection and installation work is expected by January 2018.
8Expenditure Approval: Q2:2015
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q3:2015
8Completion Date: Q3:2019
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8 Project Name: Oilfield Development Project
8Project Cost: Rs 3000 Crore.
8Project Description: Promoter has planned development drilling of oil wells in an offshore field. The project also involves subsea tie-back of wells through a 14-inch dual pipeline in a daisy chain structure. An average daily gas rate of 6 MMSCMD has been envisaged from the project. Further RFQs are expected shortly.
8Project Event: RFQ for hiring an LSTK contractor for the deep water chemical management system is expected by December 2017.
8Expenditure Approval: Q2/2013.
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q1/2018
8Completion Date: 2018
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8 Project Name: Early Production System
8Project Cost: Rs 30 Crore.
8Project Description: Promoter is planning setting up of an EPS (Early Production System) in an oilfield of Andhra Pradesh. The project will involve supply as well as the installation of the Early Production System. Currently, 4 wells have been drilled till now in the oilfield and drilling of 20 more wells is expected to start by the year 2018. An overall investment of 750 million US dollars had been earmarked for the development of the entire Nagaylanka oilfield. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring the EPC contractor is expected by December 2017.
8Expenditure Approval: Nov/2017
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q1/2018
8Completion Date: Q2/2019
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