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  • Sapura Energy consortium secures RM3 billion (US$715 million) contract from ONGC India
    édité le 06/12/2018 - Plus de news de "Sapura Energy" - Voir la fiche entreprise de "Sapura Energy"


Sapura Energy consortium secures RM3 billion (US$715 million) contract from ONGC India
Sapura Energy Berhad (Sapura Energy) and its consortium partner have been awarded a contract valued at approximately RM3 billion (US$715 million) by Oil and Natural Gas Corporation (ONGC) in India.

The consortium partners comprising Sapura Fabrication Sdn Bhd (Sapura Fabrication), a wholly-owned subsidiary of Sapura Energy, and Afcons Infrastructure Limited (Afcons), will be jointly undertaking Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) works for a Central Processing Platform (CPP) and Living Quarters for KG-DWN 98/2 NELP block.

The block, located offshore the Godavari Delta on the east coast of India, covers an area of approximately 7,295 kilometres of the Krishna-Godavari basin with water depth ranging between 300 metres to 3,200 metres.

Sapura Fabrication’s share in the consortium is 48.3 per cent which translates to approximately RM1.47 billion in contract value.

The new contract win enhances the company’s presence in the growing market and Sapura Energy is pleased to continue its contribution to India’s oil and gas industry and in helping to meet the country’s increasing energy demand.

The project is an opportunity for Sapura Energy to participate in a key development for ONGC, leveraging on the company’s established deepwater knowledge and capabilities.

Sapura Energy welcomes the collaborative relationship with its consortium partner, Afcons, which is the construction arm of the Shapoorji Pallonji Group, India’s leading engineering and construction conglomerate.

About Sapura Energy Berhad

Sapura Energy Berhad is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, as well as decommissioning and abandonment. With a highly-skilled and technically-capable workforce, strategic world-class assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.

About ONGC

ONGC is a major integrated National Oil and Gas Company of India and is India’s largest producer of crude oil and natural gas , contributing around 70 per cent of Indian domestic production. During the financial year ended 31st March, 2017, ONGC Group had produced 61.60 MMT of oil and oil equivalent gas (MMTOE) (approx. 1.23 MMboe per day); the Consolidated Gross Turnover was INR 1,421 billion (US$ 21 billion) during FY’17 and total consolidated oil and gas reserves were 1,818 MMTOE as on 31st March 2017.


Origine : Communiqué Sapura Energy

Voir la fiche entreprise de "Sapura Energy"



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