Tender expected for Bombay High platform

Vol 3, PW 23 (08 Dec 99) News in Brief

The ONGC board of directors on Wednesday (December 1st) formally approved a proposal to set up a new platform 'ZA' on the Bombay High.

The platform is the first phase of a plan to take out undrained oil from Bombay High, Petrowatch learns. The preliminary designs have been completed.

The platform will have 16 slots - 12 for production and 4 for water injection and will cost approximately $70m (300 crore rupees). The platform was on the agenda of the last board meeting, but could not be taken up due to shortage of time.

ONGCs engineering and construction department will now float tenders and work is expected to begin in about 18 months time. Meanwhile, ONGC is also beginning work on a second additional booster compressor platform, costing $35m (150 crore rupees) at Heera Phase II.