Dec 12: All our project updates lead to a sophisticated multiple-parameter software, which includes equipment requirement profiles and key contacts, technology used, utility matrices, maintenance contracts, NIC codes, and dozens of other variables. 8Project Name: Development Drilling 8Project Cost: Rs 400 crore. 8Project Description: Promoter is planning the development drilling of oil wells in Rajasthan. The project is listed out as an expansion project for the already existing 20 wells development drilling project. Currently, the well fluid collection and testing facilities for the oil field are located at GGS and GPC, each with a Gas processing capacity of 1 MMSCMD and 0.4 MMSCMD respectively. The rig package and pipeline contract are in the final stage of the award. RFQs for all well consumables and production equipment namely X-Mas tree, Tubing Head Spool, Hanger Flange / Tubing Hangers, Separators with all accessories, Steam Jacket, Ground X-Mas tree, Tubing Pipes for surface fittings and flare line etc are expected shortly.
8Project Event: RFQ for hiring an EPC contractor for platform installation and pipeline is expected by November end 2017. 8Expenditure Approval: Q4/2016. 8RFQ Date: 24/Dec/2017. 8Release Date: 15/Jan/2018. 8Start Date: Jun/2018. 8Completion Date: Q2/2021. Click here for more details 8Project Name: Oilfield Development 8Project Cost: Rs 150 crore 8Project Description: Promoter has proposed the development of an oil field in an onshore block. The project involves development drilling of wells, construction of surface facilities in the already existing CTF and the laying of a 6 inch, 35 km pipeline from the oil field to the CTF. Till now 27 kilometers of the pipeline has already been laid and the work for the remaining 8 kilometers of pipeline laying is to be bidded out. Moreover, promoter is expecting to start production from the field by December 2018. RFQs are expected shortly. 8Project Event: RFQ for hiring an EPC contractor for laying the pipeline is expected by January end 2018 instead of December 2017 as projected earlier. 8Expenditure Approval: Q2/2016 8RFQ Date: 25/Jan/2018 8Release Date: Feb/2018 8Start Date: Mar/2018 8Completion Date: Jun/2019 Click here for more information 8Project Name: Refinery BS VI Greenfield Project 8Project Cost: Rs 2771 Crore 8Project Description: An existing company along with EPC contractor and licensor Indian Oil's own R&D Wing is carrying out engineering activities to construct a new DHDT unit with a capacity of 2 MMTPA in its refinery. 8Project Event: RFQ for procuring items is expected by January 2018. 8Expenditure Approval: Q3:2016 8RFQ Date: Jan/2018 8Release Date: Feb/2018 8Start Date: Q3:2016 8Completion Date: Q1:2019 Click here for more details. 8Project Name: Refinery Debottlenecking Greenfield 8Project Cost: Rs 2519 Crore 8Project Description: An existing company along with EPC contractor is currently conducting engineering activities for a low cost debottlenecking of its refinery, raising its capacity from 6 MMTPA to 7.8 MMTPA. RFQ for the equipment is already out. 8Project Event: RFQ for civil work is expected by February 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q2:2017 8Completion Date: Q4:2018 Click here for more details.