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Software updates: Oil and Gas Projects.
Jan 23: 8Project Name: Oilfield Development.
8Project Cost: Rs 2900 crore.
8Project Description: Promoter is planning the development of an oil field. The project involves development drilling of oil wells, production installations and laying of approximately 200 km of pipelines. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by June 2018. The process of hiring an EPC contractor for production installation and the pipeline laying is expected to begin soon. RFQ for the rigs, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQ for EPC contractor for production installation and the pipeline network is expected by March 2018.
RFQ for hiring services for rigs and equipment is expected by April 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: March/2018
8Release Date: May/2018
8Start Date: May/2019
8Completion Date: Dec/2021
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8Project Name: Oil Field Redevelopment: RFQs changed to February.
8Project Cost: Rs 1200 crore
8Project Description: RFQ for promoter's oil field development project has been delayed a bit. The project involves drilling of 130 wells, revamping and upgradation of GGS-cum-CTFs in the field and construction of a new ETP Effluent Treatment Plant (ETP). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded. Currently, the work on the 2 GGS is going on since August 2017.The drilling part of the project would be done by promoter itself. Further RFQs are expected shortly.
8Project Event: ONGC will come out with RFQs for hiring the LSTK contractor for the ETP by February end 2018 instead of January 2018.
8Expenditure Approval: Feb/2017
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q4/2018
8Completion Date: Sep/2020
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8Project Name: Greenfield 2G Bio-Ethanol Refinery Project
8Project Cost: Rs 350 Crore
8Project Description: An existing company along with licensor is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100KL fuel-grade ethanol per day, primarily from biomass.
8Project Event: RFQ for PMC contractor is expected by April 2018
8Expenditure Approval: Q4:2016
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Q4:2018
8Completion Date: Q4:2020
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8Project Name: Brownfield LPG Bottling Plant
8Project Cost: Rs 143 Crore
8Project Description: An existing company along with EPC contractor is planning to expand its existing capacity from 11 TMTPA to 60 TMTPA in its LPG bottling plant. RFQ for all the equipment is already out.
8Project Event: RFQ for civil work is expected by March 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: May/2018
8Completion Date: Q1:2020
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