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ONGC issues FPSO tender to three companies
May 11: ONGC has issued a tender document to three shortlisted FPSO contactors after going through a prequalification process
8Find out who these companies are
8FPSO will have to be capable of handling 90,000 barrels per day of oil and 135 million cubic feet per day of gas. 
8ONGC is offering a fixed lease term of nine years for the FPSO, with an option to extend that by six years.
The deal is expected to cost upwards of $1 billion


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