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News Brief | January 2015

ONGC awards 100 million euro contract to French firm Technip

State-owned Oil and Natural Gas Corp (ONGC) has awarded a contract worth 100 million euro to French firm Technip to build an oil & gas terminal at Odalarevu in Andhra Pradesh.
The terminal, which will have a capacity of 6 million standard cubic meters per day, will receive gas from ONGC´s Vashistha and S1 fields in Bay of Bengal, Technip said in a statement.
The Vashistha and S1 fields are located 30-35 km off the Amalapuram coast in the KG Basin, off the East Coast at water depths of 250 to 700 meters. ´The onshore terminal awarded to Technip is one of the critical components of the Integrated Development of Vashistha and S1 fields,´ the statement said.
Technip´s scope of work for this contract includes basic design, detailed engineering, procurement, fabrication, inspection and testing, installation, pre-commissioning and commissioning of the new onshore terminal facilities which will be integrated to the existing terminal.
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