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Software updates: Oil and Gas Projects.
Feb 19: 8 Project Name: GGS Development
8Project Cost: Rs 50 Crore.
8Project Description: Promoter is planning the development of a Group Gathering Station. The project involves the construction of a Group Gathering Station which includes an integrated production installation comprising of one number of Oil Collecting station (OCS) and one number of Gas Compressor Station (GCS). The EIA consultant for the project has already been hired. The process of hiring an EPC contractor is expected to begin soon.
8Project Event: RFQs for hiring EPC contractor for the project is expected by July 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Apr/2019
8Completion Date: Apr/2021
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8 Project Name: Hiring for the project has now been completed. New RFQs to be floated soon.
8Project Cost: Rs 100 Crore.
8Project Description: RFQs for Promoter's oil field development field project, had been delayed a bit as the manpower hiring process was going on in the project for various roles on account of a few resignations. The hiring has now been completed. The block, had been awarded to the company in the small fields bid round 2016. A detailed study of the oil field to estimate possible reserves and production is expected shortly. The company is planning the study of the field prior to the starting of production. An EOI is also expected for various drilling services. Further RFQs are expected shortly.
8Project Event: RFQ for hiring a consultant for oil field studies and analysis is rescheduled to March end 2018 from February end 2018.
RFQ for EOI for various oil and gas services is expected by March end 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Sep/2018
8Completion Date: Dec/2019
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8 Project Name: PEL Block Exploratory Drilling
8Project Cost: Rs 150 Crore.
8Project Description: RFQs for a civil contractor for promoter's oil-well additional exploratory drilling programme in the oil field is expected soon. The environment clearance for the project has already been granted. Currently, exploratory drilling for 2 other wells is going on in the block. The 2D seismic survey for the block was carried out in the year 2015 for an overall area of 185 sq km, out of which 154 sq km has been relinquished.
8Project Event: RFQs for hiring a civil contractor is expected by March 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Jun/2018
8Completion Date: Jun/2019
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