State-run, Oil & Natural Gas Corporation (ONGC) has awarded a $290 million contract to develop its HRD process platform. The state-run firm has awarded the contract to consortium led by Shapoorji Pallonji group’s Afcons Infrastructure. The other consortium members include Technip KT India and THHE Malaysia.
The scope of the work includes engineering, procurement, installation and commissioning of the project, which is expected to be completed within 28 months. The process platform is having well fluid processing capacity of 55,000 barrels and gas compression of 3.2 million cubic meters per day.
The major fabrication works would be undertaken at PTSE yard in Vietnam and NPCC yard in Abu Dhabi. Kawasaki Heavy Industries (KHI), Japan are the suppliers of gas compression system.
| Company Name | CMP |
|---|---|
| ONGC | 287.50 |
| Oil India | 477.40 |
| Jindal Drilling&Inds | 547.00 |
| Deep Industries | 462.80 |
| Asian Energy Service | 300.20 |
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