OneSubsea, a Schlumberger company, announced an award by Reliance Industries Ltd of an engineering, procurement and construction (EPC) contract for supply of the subsea production system for the R Cluster (Block KG-D6) Project, offshore the east coast of India.
The scope of this project includes trees, subsea manifolds, control system, tie-in system, multi-phase meters, intervention tooling and test equipment for the R Cluster field. The contract also includes installation and commissioning support and life-of-field services. Reliance has the option to award the supply of the subsea production system for additional wells for the Satellite fields.
“This award is a milestone as it is our first award from Reliance,” said Mike Garding, president, OneSubsea, Schlumberger. “We look forward to working with Reliance on the successful long-term development of the fields by designing, installing and supporting a subsea production system that reflects the strength of our integrated offering and leans on the proven reliability of our subsea controls.”
About Schlumberger
Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
About Reliance Industries Limited
RIL is India’s largest private sector company, with a consolidated turnover of INR 330,180 crore ($ 50.9 billion), cash profit of INR 42,800 crore ($ 6.6 billion), and net profit of INR 29,901 crore ($ 4.6 billion) for the year ended March 31, 2017.
RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – currently ranking 203rd in terms of revenues, and 110th in terms of profits. The company stands 106th in the ‘Forbes Global 2000’ rankings for 2017 – the top-most among Indian companies.
It ranks 10th in LinkedIn’s ‘Top Companies Where Wants to Work Now’ (2017). RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.