Jul 11: 8Project Name: Floating Production Storage and Offloading Unit 8Project Cost: Rs 7000 crore 8Project Description: ONGC's tendering process for the charter hiring of a turret moored FPSO for KG-DWN-98/2 Project Cluster-2 is currently going on. However, ONGC has again extended the bid submission date for FPSO to 25th July. 8Project Event: Bidding process is expected to end by 25th July. 8Expenditure Approval: Q2/2016 8RFQ Date: Jan/2018 8Release Date: Jul/2018 8Start Date: Q2/2020 8Completion Date: Q2/2029 Click here for more details on more about the three contenders in the race. Ancilliary support services for the FPSO will have to be given out of India.