ONGC Awards Two Offshore Deals

Published at 11:36AM - 16/07/16

Fugro announced today it has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project, located on the East Coast of India.

The purpose of the work is to gather site-specific geotechnical and geohazard data to help with the design and subsequent installation of wellheads, manifolds, FPSO anchors, umbilicals, pipelines and flow lines within the field.

“Fugro will deploy its deep water geotechnical vessel, Fugro Voyager, which will perform work in water depths ranging from 50 m to 1,500 m (164 feet to 4,691 feet),” the company informed in a statement.

ONGC Awards Two Offshore Deals

The work is scheduled to start before the end of the third quarter of the year.

Work will be followed by extensive laboratory testing, data analysis, interpretation and integration with AUV Geophysical and Metocean data previously acquired by Fugro, with the purpose of providing site characterisation reports.

According to Fugro’s statement, the company already counts on an extensive deep water track record supporting deep water field developments offshore India.

Seamec Bags $33m Deal with ONGC India

HAL Offshore has also signed a contract with ONGC India, through its subsidiary Seamec.

Under this agreement, Seamec will see the scope of work widened, as previously agreed in a contract for the supply of its Seamec II vessel and marine crew over a three-year contract to ONGC.

This contract had been valued at US$27 million (£20.23 million).

According to Seamec, the deal now includes the supply of a remotely operated vehicle (ROV), as well as the vessel and workforce previously agreed.

Seamec explained the charter and ROV deals are subject to compliance with regulatory requirements and the vessel will be deployed upon completion of these formalities.

The contract was valued at more than US$33 million (£24.7 million) and has a three-year duration.