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Oil & Gas projects: Best-in-class software
Dec 22: Our project data comes with validated key contacts, detailing which stage and phase a project is, while matrixing individual equipment and service requirement going ahead. The point to note is that we generate future equipment and service RFQs either from the owner or the EPC contractors right through the life of a project, until commissioning. The software is now capable of throwing up detailed utility matrices, raw material demand outlines, shutdown details and individual equipment profiles. All these inputs are available in an easy-to-use way. And it comes embedded inside a best-in-class software. While benchmarking our unique software solution, we did not find a reasonable competitor, not just in India but in the world, for the features that we provide. Our analysts are all mechanical engineers, trained in-house for project monitoring purposes.
8Project Name: Offshore Field Development.
8Project Cost: Rs 500 crore.
8Project Description: Promoter is planning the development of an offshore block. The project involves drilling of oil wells, installation of a production platform, laying of the subsea pipeline. The drilling will be carried out using a jack-up rig. Currently, the project is in pre-clearance phase and the TOR for the project is expected by the end of February 2018. The company is in process of oilfield analysis, so as to estimate the actual potential of the oil reserve. Further RFQs are expected shortly.
8Project Event: RFQ for hiring an EIA consultant is expected by January end 2018.
RFQ for various oil and gas field services is expected by Q3 2018.
8Expenditure Approval: Q4/2017. 
8RFQ Date: 30/Jan/2018. 
8Release Date: Feb/2018. 
8Start Date: Jan/2019. 
8Completion Date: Dec/2022. 
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8Project Name: Oilfield Redevelopment
8Project Cost: Rs 1200 crore 
8Project Description: Promoteris planning redevelopment of an oilfield to augment oil production. The project involves drilling of oil wells, revamping and upgradation of 2 GGS-cum-CTFs in the field and construction of a new ETP Effluent Treatment Plant (ETD) of 5000 m3/d capacity. After implementation of this scheme, cumulative oil production from the field is expected to be 20 MMT by the year 2029-30, with an incremental crude oil production of 4 MMT. 
The LSTK contract for the revamping of the GGS-cum-CTFs was awarded to HALOffshore Ltd for the bid price of Rs 400 crore. Currently, the work on the 2 GGS is going on since August 2017. The drilling part of the project would be done by ONGC itself. Further RFQs are expected shortly
8Project Event: Promoter will come out with RFQs for hiring the LSTK contractor for the ETP by January end 2018 instead of December 2017. 
8Expenditure Approval: Feb/2017 
8RFQ Date: Jan/2018
8Release Date: Feb/2018 
8Start Date: Q2/2018 
8Completion Date: Sep/2020 
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8Project Name: Greenfield 2G Bio-Refinery

8Project Cost: Rs 950 Crore
8Project Description: An existing company along with EPC contractor and licensors is planning to set up a Bioethanol project. RFQ for the equipment is already out. Tendering process for the equipment is going on.
8Project Event: RFQ for civil work is expected by February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date: Q4:2020
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8Project Name: Refinery BS-VI Upgradation Project
8Project Cost: Rs 497 Crore
8Project Description: An existing company along with EPC contractor and licensors is carrying out engineering activities for a new FCC gasoline desulphurisation unit and expansion of the DHDT at its refinery.
8Project Event: RFQ for procuring listed equipment is expected by January 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q2:2017
8Completion Date: Jun/2019
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