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Software updates: Oil and Gas Projects.
Dec 21: 8Project Name: Greenfield LPG Bottling Plant Project
8Project Cost: Rs 120 Crore
8Project Description: An existing company along with EPC contractor is planning to set an LPG Bottling Plant with a capacity of 1500 MTPA by installing 3 X 500 MT mounded storage vessels.
8Project Event: RFQ for equipment is to be expected by February 2018.
8Expenditure Approval: May:2017
8RFQ Date: Feb/2018
8Release Date: Apr/2018
8Start Date: Q1:2018
8Completion Date: Q3:2019
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8Project Name: Oil Field Development
8Project Cost: Rs 100 crore.
8Project Description: Promoter is planning development of an oil field.The block was awarded to the company under-discovered small fields round (DSF) in 2016. The project involves development drilling of oil wells and laying of an infield pipeline to connect with nearest production facility (GGS). Currently, the project is in pre-clearance phase. The production from the block is expected to start by the end of the year 2019. Further RFQ's are expected shortly.
8Project Event: RFQs for hiring services for Rigs and other oilfield services are expected by Q1 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Q1/2018.
8Release Date: Q2/2018.
8Start Date: Q4/2018.
8Completion Date: Q2/2020.
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8Project Name: Offshore Field Development
8Project Cost: Rs 3500 crore
8Project Description: Promoterhas planned development drilling of 4 wells in an offshore field. The project also involves subsea tie-back of wells through a 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: RFP for hiring an LSTK contractor for the deep water chemical management system is expected by January 2018.
8Expenditure Approval: Q2/2013
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q2/2018
8Completion Date: 2018
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