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Rs 650 crore new project: RFQ for the hiring of a Jack-up Rig and FPSO vessel is expected by Q4:2018
Jun 29: 8Project Name: Oil Field Development
8Project Cost: Rs 650 crore
8Project Description: The Promoter is planning development drilling and production in an offshore block. The project involves drilling of 2 well, laying of an 11 km pipeline and recommencing production from an existing well. The Jack-up Rig required for the project will be hired on EPC basis. The project requirements will be drilling pipes, casing pipes, drill bits, x-mass tree, blow out preventer (BOP), floating production storage and offloading vessel (FPSO), cementing services, drilling fluid services and other oilfield chemicals. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of a Jack-up Rig and FPSO vessel is expected by Q4:2018.
RFQ for the hiring of equipment and services is expected by Q4:2018.
8Expenditure Approval: Q1/2016
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Nov/2019
8Completion Date: Dec/2020
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