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Rs 3500 crore crore oil field development: RFQ for rig services in January, 2019
Sep 12: 8Project Name: Oil Field Development
8Project Cost: Rs 3500 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for hiring drilling rig services for phased exploration, development, and production in 21 onshore PML blocks in Assam & Assam-Arakan basin located in Sivasagar district of Assam is expected soon involving a 100 wells over time. The drilling rig for the project will be hired on a third party basis for undertaking drilling activities. The environment clearance for the project has not been granted till now and is expected soon. 
8Project Event: RFQ for the hiring rig services is expected by January 2019.
 RFQ for other services is expected by March 2019.
8Expenditure Approval: Q1/2018
8RFQ Date: Jan/2019
8Release Date: Mar/2019
8Start Date: Apr/2020
8Completion Date: Dec/2023
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