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Software updates: Oil and Gas Projects.
Mar 20: 8 Project Name: Offshore Field Development.
8Project Cost: Rs 650 Crore.
8Project Description: Promoter is planning the development of an offshore block. The project involves drilling of 5 wells, installation of one wellhead platform and laying of a subsea pipeline of length 40 km. The whole project is expected to be executed by lump sum Integrated Project Management consultant through an Engineering Procurement Installation and commissioning model. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring IPM consultant and EPIC contractor is expected by June instead of March 2018
8Expenditure Approval: Q2/2016
8RFQ Date: June/2018
8Release Date: Aug/2018
8Start Date: Q2/2019
8Completion Date: Q2/2021
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8 Project Name: Oil Field Development.
8Project Description: The project involves a 3D seismic survey of the Oil Field spread over an area of 70,000 Sq Km to augment the total oil production of the area. The seismic surveys are expected to start by the Q4 2018. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring services for the 3D seismic survey is expected by Q3 2018.
8Expenditure Approval: Q2/2018
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
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8Project Name: Central Processing Facility Development
8Project Cost: Rs 310 crore
8Project Description: The Promoteris planning the construction of a Central Processing Facility (CPF). The well fluids will be received in separate group headers for oil & gas and route to separate oil and gas processing facilities. An EIA Consultant has already been hired for the project. 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 Q3:2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: June/2019
8Completion Date: Dec/2020
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