Abu Dhabi's National Petroleum Construction Company has been awarded a major engineering, procurement and construction contract for developing an offshore oil platform project in Mumbai by ONGC.
NPCC owned by the General Holding Corporation an industrial arm of Government of Abu Dhabi will develop RS 12 Well Platform Project at offshore Mumbai High Field contract valuing USD 162 million. With this the value of contacts awarded to NPCC by the Indian company reaches AED 1.6 billion since October 2009.
The scope of work under the above project consists of survey, design, detailed engineering, procurement, fabrication, transportation, installation, commissioning. Apart from several segments of subsea pipelines and Composite Subsea Cable. The project completion is scheduled for April 30th 2011.
Mr Aqeel Madhi CEO of NPCC said that his engineering and construction company signed a contract with ONGC in October this year for the construction of B-22- 3 Wellhead Platforms with pipeline and modification works.
The contract value is approximately AED 1 billion and the project will also be completed by April 2011.
(Sourced from http://www.steelguru.com/news/index/2009/12/28/MTI2Njk2/NPCC_to_build_oil_platform_in_India.html)
Monday, December 28, 2009
NPCC to build oil platform in India
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