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Software updates: Oil and Gas Projects.
Dec 11: 8Project Name: Drilling Site Development
8Project Cost: Rs 700 crore
8Project Description: Promoter is planning exploratory drilling of oil wells in onland block. The project involves exploratory drilling of onshore wells and has been listed out as an extension project for already existing drilling project. Currently, the project is in clearance phase. The environment clearance for the project is expected by Q1 2018. The forest clearance and CRZ clearance for the project is not required. RFQs for the following equipment are expected shortly for: Cementing Unit, Blow Out Preventer, Pressure Gauge, Valves and Chemicals.
8Project Event: RFQ for the equipment is expected by December end 2017
8Expenditure Approval: Q3/2016
8RFQ Date: 30/Dec/2017
8Release Date: Jan/2018
8Start Date: Feb/2018
8Completion Date: Q4/2022
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8Project Name: Gas Pipeline Upgradation.
8Project Cost: Rs 10 crore.
8Project Description: Promoter is planning upgradation of existing submarine trunk gas pipelines. The project involves upgradation of the pipeline network, passing through an airport considering their proximity to the present runway and proposed runway extension plan crossing over the pipeline, in compliance with International Safety Standards and Operating Practices.
Airport authorities have proposed a runway extension from 2900 m to 3700 m, which will cross over the pipeline. Currently, the promoter is in process of carrying out hazard analysis study. Further RFQs are expected shortly.
8Project Event: RFQ for hiring EPC contractor is expected by March 2018.
8Expenditure Approval: Q1/2018.
8RFQ Date: March/2018.
8Release Date: Q2/2018.
8Date: Q3/2018.
8Completion Date: Q4/2018.
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