UAE-based NPCC bags Rs 1730cr ONGC order

Oil and Natural Gas Corp (ONGC) has awarded a $388.19 million (about Rs 1730 crore) contract to Abu Dhabi-based National Petroleum Construction Company (NPCC) for development of C-Series field in Bombay High.

"We signed the contract with NPCC last month," said a senior ONGC official.

The C-Series Project involves survey, design and detailed engineering, procurement, fabrication, installation and commissioning of the four unmanned well platforms, and coating and laying of 180 kilometres of pipeline, and carrying out modifications on the existing NQG process platform at Bombay High.

The project is to be completed by April 20, 2008.

The project is part of the C-Series development scheme approved by ONGC Board on September 8, with an investment of Rs 3,195 crore.

The scheme would be executed in three phases and the project is in its first phase. The scheme envisages producing gas over 3 million standard cubic metres and 700 to 1600 cubic metres per day of condensate over a period of 15 years.

The C-Series field, which was discovered in 1990, is 60 kilometres west of Daman in the Tapti-Daman block of Bombay High.