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Rs 500 crore oil field development: Shallow water drilling services EPC contactor needed
Jul 06: 8Project Name: Oil Field Development 
8Project Cost: Rs 500 crore
8Project Description: The Promoter is planning  the development an offshore field. The block was awarded to the company under the Discovered Small Fields Round in 2016. The Field Development Plan (FDP) of the block has been recently approved by the ministry. The project involves drilling of 4 wells in shallow water and laying of pipelines. The Jack-up Rig required for the project will be hired on EPC basis for undertaking drilling activities. The project requirements will be drilling pipes, casing pipes, drill bits, blow out preventer, directional drilling services, mud logging Services, wireline logging services, casing & tubing running services, well testing services, fishing services, liner hanger running services and cementing services. Further RFQs are expected shortly. 
8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by Q4:2018.
RFQ for the hiring of an EPC contractor for drilling services and pipeline installation is expected by Q4:2018. 
8Expenditure Approval: Q4/2017
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
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