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Software updates: Oil and Gas Projects.
Nov 20: 8Project Name: Offshore Field Development   
8Project Cost: Rs 300 crore.
8Project Description: Promoter is planning development of its offshore field. The project involves re-entry, completion and hook-up of existing wells as well as drilling, completion, and hook-up of 06 subsea wells. This will also involve installation of a Mobile Offshore Production Unit (MOPU) for processing of produced fluids, laying of a subsea pipeline. Drilling will be carried out using a Mobile Offshore Drilling Unit (MODU)-Jack up Rig. Further RFQs are expected shortly.
8Project Event: RFQs for hiring services for MOPU are expected by Q1 2018
RFQs for hiring services for MODU are expected by Q1 2018.
8Expenditure Approval: Q3/2017.
8RFQ Date: Q1/2018.
8Release Date: Q1/2018.
8Start Date: Q3/2018.
8Completion Date: Q3/2020.
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8Project Name: PEL Block Exploratory Drilling.
8Project Cost: Rs 150 crore
8Project Description: Promoter is planning to drill exploratory wells in a PEL Block. Currently, the project is in pre-clearance phase. The environment clearance for the project is expected by January 2018. The 2D seismic survey for the block was carried out in the year 2015 for an overall area of 185 sq km, out of which 154 sq km has been relinquished. Currently, exploratory drilling for 2 other wells is going on in the block. RFQs for the following equipment are expected shortly: Tanking Facilities, Casing, Cementing Facilities and Chemical Additives.
8Project Event: RFQs for equipment and additives are expected by January 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Apr/2018
8Completion Date: Mar/2019
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