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Rs 400 crore oil field development: RFQs in Q3, 2018
May 29: 8Project Name: Oil Field Development
8Project Cost: Rs 400 crore
8Project Description: The owner is planning development drilling of 04 wells in Assam. The project also involves the construction of GCS and the laying of underground 3.5” seamless pipelines. from well BU-2 to BK-1, including interconnecting pipelines of 4 additional wells to be drilled. Owner owned electrical type rig is proposed to be deployed for undertaking drilling activities. The construction of GCS and laying of the pipelines will be done on EPC Basis. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services and Drilling fluid services. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for an EPC contractors for GCS, pipeline installation and oilfield chemicals is expected by Q3/2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Oct/2019
8Completion Date: Dec/2021
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