All content in this website is sourced legitimately

Page No: 1
Rs 20,000 crore of upstream orders coming up
Dec 15: A big set of orders will be coming up Q-1 next year when tenders for a  high capacity Floating Production Storage and Offloading unit and a Sub-Sea Production and SURF are finalized. These will be orders worth a massive Rs 20,000 crore.
8The website carries here the full matrix of these investments, including key owner contacts as of now, along shortlisted contractor details.
As the projects proceed, we will provide you regular updates with a minimum gap of two weeks on progress achieved, so as that you are constantly kept abreast of the developments.

8Project Name: Floating Production Storage and Offloading Unit.
8Project Cost: Rs 6500 crore.
8Project Description: Promoter is planning charter hiring of a turret moored FPSO for an offshore project. The peak production rates to be envisaged from the project are 15000 m3/day of oil 4 MMSCMD of gas. The expected lease term for the FPSO is 10 years fixed and 7 years additional as an option. The design life of FPSO should be 22 years. A notice regarding the pre-qualification criteria (PQC) was floated from promoter's end. Currently, the PQC round is going on and is expected to end in a week or two. Those shortlisted will be selected for next round of technical bidding round.
8Project Event: RFQ for techno-commercial bidding round is expected by January 2017.
8Expenditure Approval: Q2/2016.
8RFQ Date: Jan/2018.
8Release Date: Feb/2018.
8Start Date: Jun/2018.
8Completion Date: 2020.
Click here for more details
8Project Name: Subsea Production System and SURF
8Project Cost: Rs 13000 crore
8Project Description: Promoter is planning development of an offshore field. $ 2 billion tender for the integrated Sub Sea Production System (SPS) and Subsea Umbilical Riser and Flow (SURF) in the project is split up into the following four components:
 Subsea Production System (SPS): $ 930 million 
 Subsea Umbilical Riser and Flowline (SURF): $ 950 million 
 Support for the SPS for the entire life of the field: $ 40 million
 Rental tools needed for completion purpose: $ 135 million
 Currently, the process of PQC (pre-qualification criterion) is going on and is expected to end in a week or two. Further RFQs are expected shortly.
8Project Event: RFQs for hiring an EPC contractor for wellhead platform and pipelines is expected by November end 2017.
8Expenditure Approval: 23/Feb/2017
8RFQ Date: 25/Nov/2017
8Release Date: Q1/2018
8Start Date: Q2/2018
8Completion Date: Nov/2019
Click here for more information


Back  |  Top