All content in this website is sourced legitimately
Shapoorji Pallonji-Bumi Armada FPSO deal for KG-DWN-98/2: A lot hangs in balance
Jan 10:
The Shapoorji Pallonji-Bumi Armada FPSO deal for the KG-DWN-98/2 is one of the largest ever by ONGC.
8The FPSO day rate is fixed for 9 years at USD 609,200. And this is net of tax
8The contractors have been able to do financial closure with a total debt of $ 930 million in April 2021.
8There are time overruns already.
8Blaming the contractors would be an easy way out, ONGC will also need to walk that extra mile.
Click on Details for more
**********************************
8The FPSO day rate is fixed for 9 years at USD 609,200. And this is net of tax
8The contractors have been able to do financial closure with a total debt of $ 930 million in April 2021.
8There are time overruns already.
8Blaming the contractors would be an easy way out, ONGC will also need to walk that extra mile.
Click on Details for more
