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ONGC awards Rs 753 cr contract to UAE company

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Press Trust Of India Dubai

Oil exploration company Oil and Natural Gas Corporation (ONGC) has awarded a $162-million (over Rs 753 crore) engineering and construction contract for an oil well platform project at the Mumbai High Field to Abu Dhabi-based National Petroleum Construction Company (NPCC), UAE’s official news agency Wam has said.

The work will consist of survey, design and detailed engineering, procurement, fabrication, transportation, installation, hook-up, pre-commissioning and commissioning of under-sea pipelines and composite under-sea cables. The project will be completed by April 2011.

In October this year, NPCC signed a contract with ONGC for the construction of B-22-3 Wellhead Platforms with pipeline and modification works. The contract value is approximately 1 billion dirhams (Rs 12.65 crore) and the project is to be completed by April 2011, Aqeel Madhi, NPCC Chief Executive Officer, said. The National Petroleum Construction Company has executed several mega engineering, procurement, construction  projects for Oil and Natural Gas Corporation.

 

The most recent being the Wellhead Platforms Project -2 completed in April 2007 and C-Series Wellhead Platforms Project completed in April 2009. NPCC completed both newly awarded RS-12 Well Platform Project and was recently awarded B-22 Field Development Project within the deadline.

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First Published: Dec 28 2009 | 12:15 AM IST

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