Engineering,Engineering sector projects by Oil And Natural Gas Corporation in
Project Information
5087
Oil And Natural Gas Corporation
Oil And Natural Gas Corporation Has Signed A Contract To Hire A Long-Idled Ultra- Deepwater Drillship Of US-Based Transocean For USD 412,000 (About Rs 2.39 Crore) Per Day. Transocean Had Quoted A Dayrate Of USD 512,000 In The Re-Tendering Process But ONGC Was Able To Beat The Prices Down Since The Rig Had Been Moored In Singapore Since September Without A Contract. ONGC Plans To Use The Rig To Appraise Discoveries It Had Made In A Krishna Godavari Basin Block KG-DWN-98/2, Which Sits Next To Reliance Industries' Production KG-DWN-98/3 Or KG-D6 Gas Blocks. ONGC Has Planned Eight Wells On The Block This Year.
Project Value
INR 2.39 Crore /-
Pre Project Activities Underway
Not Specified
India
Engineering,Engineering
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