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E&P opportunities: Jack up rig and cement services requirement coming up
Aug 28: 8Project Name: Onshore Oilfield Development
8Project Cost: Rs 500 crore
8Project Description: The current equipment for the project is going to 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: Immediately, RFQ for the hiring of cementing and wire-line services and oilfield chemicals is expected by October 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
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8Project Name:  Offshore Oilfield Development
8Project Cost: Rs 1000 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for hiring a jackup rig for 05 well exploratory drilling programme and for similar drilling in a neighbouring block. The requirement for the project will be drill bits, drill pipes, casing pipes, Blow Out Preventer, cementing services, drilling fluid services and other oilfield chemicals.
8Project Event: RFQ for the hiring of a jackup rig is expected by Q1 2019.
8Expenditure Approval: Q2/2016
8RFQ Date: Q1/2019
8Release Date: Q1/2019
8Start Date: Apr/2020
8Completion Date: Dec/2022
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