Sagar Samrat race

Vol 15, PW 3 (11 Aug 11) News in Brief

Four Indian-led consortia are competing for ONGC’s $185m contract to convert its decommissioned jack-up Sagar Samrat into a Mobile Offshore Production Unit (MOPU).

PETROWATCH learns ONGC received bids on August 1 from Larsen & Toubro, bidding in partnership with Singapore’s Global Process Systems; ABG Shipyard with Singapore’s Gas Services; Kochi Shipyard with Malaysia’s Kencana; and Mercator with Abu Dhabi’s Gulf Piping. Sharjah’s Lamprell Shipyard was widely expected to bid, but stayed away.

“Lamprell is very busy with other orders,” we learn. There are also doubts about whether ABG’s partner Gas Services is technically qualified for this assignment.

“Judging by the Gas Services website they haven’t worked on a MOPU before,” we are told. “But maybe they simply haven’t updated their website.

” Otherwise, all the bidders are said to be equally technically qualified. ONGC wants Sagar Samrat converted by March 2013 for deployment at the WO-16 ‘wellhead platform.