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Web Exclusive | August 2016

GE awarded 3-year agreement to support ONGC’s exploratory drilling campaign

GE Oil & Gas has been awarded a multi-million dollar Frame Agreement by Oil and Natural Gas Corporation Limited (ONGC), under which, the company will provide an estimated 55 subsea wellheads (SG5) over next three years for the operator’s offshore drilling campaign, in shallow to medium waters offshore India. The first wellhead under the contract will be supplied in Q4 2016, with GE manufacturing part of the scope in India for the first time, in Kakinada, with engineering and project management support from regional teams in Singapore. While this is a key step towards local manufacturing, GE also has a multi-modal facility in Pune, created to support India’s vision of self-sufficiency in manufacturing under the country’s ‘Make in India’ plan. This deal follows a contract awarded to GE Oil & Gas last year, for the supply of subsea production systems to ONGC’s Vashishta (VA) and S-1 fields, located off India’s Amalapuram coast in the KG Basin, ONGC’s first foray into deep water development in India
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