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Ukrain’s NaftoGaz bags Rs725-cr contract from ONGC

Ukrain’s NaftoGaz bags Rs725-cr contract from ONGC
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First Published: Wed, Dec 05 2007. 05 04 PM IST
Updated: Wed, Dec 05 2007. 05 04 PM IST
By PTI
New Delhi: NaftoGaz of Ukraine has bagged a 129.69-million-euro (Rs725-crore) contract from Oil and Natural Gas Corp (ONGC) for inter-connecting power facilities in the state-run firm’s Mumbai High offshore fields.
ONGC’s 12 platform in Mumbai high fields have separate power stations and NaftoGaz would be inter-connecting them through offshore cabling to enable utilising excess power in some at platforms that have either no or inadequate power, NaftoGaz India Pvt Ltd Director R K Jain said. The first phase of the project is to be completed by April 2009 and the second phase by March 2010.
The scope of the proejct entails survey (pre-engineering, pre-construction/pre-installation and post-installation), design, engineering, procurement, fabrication, installation, modification of existing platforms, laying of submarine cables, hook-up, testing and commissioning. Jain said the project includes laying about 100 kms of submarine cable with necessary top side deck modification and installation of switch gears.
Engineering and construction company NaftoGaz is working on four projects including a prestigious Rs826-crore assignment for BPCL’s Bina refinery. It has also been pre-qualified for building of the Rs4,000-crore Mumbai High North platform of ONGC, he said.
ONGC is to build a new platform at the site of the oil and gas receiving facility that was gutted in a fire last year. “ONGC is re-tendering the project and we will participate in it,” he said. NaftoGaz has also submitted a bid for a pipeline project of Malaysia’s Petronas.
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First Published: Wed, Dec 05 2007. 05 04 PM IST