Rs 400 crore oil field development: RFQ for the hiring of equipment and oilfield chemicals are expected by Q3:2018.
May 18: 8Project Name: Oil Field Development 8Project Cost: Rs 400 crore 8Project Description: The Promoter is planning development drilling of 15 wells. The total Mining Lease area is 152.616 sq.km. Promoter owned electrical type Rigs are proposed to be deployed for undertaking drilling activities.The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Blow Out Preventer (BOP), Cementing services and Drilling fluids services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals are expected by Q3:2018. 8Expenditure Approval: Q4/2014 8RFQ Date: Q3/2018 8Release Date: Q3/2018 8Start Date: Jan/2020 8Completion Date: Dec/2021 Click here for more details