Punj Lloyd Group has bagged the B-127 Cluster Pipeline Project (Project) in Mumbai from Oil and Natural Gas Corporation, worth Rs 730 crore. The Scope of work will include detailed engineering design, surveys, procurement, fabrication, load out, tie down/sea fastening, tow-out / sail-out, transportation, Installation, hook-up, pre-commissioning and commissioning of 115,50 km rigid submarine pipelines in 9 segments, relocation of existing single buoy mooring, Installation of new pipeline end manifold along with anchor piles and topside modifications of four existing platforms.
The Project comprises three marginal fields: B-127, B-157 and B-59 located North of Mukta and additional development of B-55 Field of Bassein & Satellite asset in Bombay Offshore Bassein, with significant hydrocarbon accumulations in multi-layered reservoirs within the Bassein and Mukta formations, The B-127 cluster development has an estimated cumulative production of 1,836 million tonnes of oil and 2,093 billion cubic metre of gas over a ten-year period and the additional development Of B-55 envisages production of 0.155 million tonne oil and 2,593 billion cubic metre gas over 13 years.
Punj Lloyd provides engineering, procurement, construction (EPC) and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.
