Sunday, March 13, 2011

Facility Revamp Program planned by ONGC, a major oil and gas producer in India.

ONGC (Oil and Natural Gas Corporation Limited) expects to float tenders for the Rs 8,000 crore surface facility revamp programme in its three onshore assets in Gujarat. The three mature assets — Mehsana, Ahmedabad and Ankleswar — contribute a little over one fifth of ONGC's total domestic crude production of 27 million tonne (including the equity-oil contributions from joint ventures in India).
The project is aimed at replacing the old pipelines and other surface infrastructure in the next three years. “Some of these pipelines are
three to four decades old and leakages are common, leading to operational as well as environmental concerns,” the official said.

ONGC is at present commissioning a similar project worth Rs 2,500 crore to revamp the surface infrastructure in oilfields in Assam.

Article Source: http://www.thehindubusinessline.com/companies/article1200456.ece

Publication Date: 9 Feb 2011  

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