Aker to study ONGC-Reliance deal

Vol 17, PW 6 (17 Oct 13) News in Brief
     

ONGC plans to appoint Oslo-based Aker Solutions as technical consultant to study the feasibility of sharing Reliance’s gas pumping infrastructure off the Andhra Pradesh coast.

In July, ONGC signed a MoU to share the KG-D6 basin facilities. “We want to hire Aker because it has done lots of work at KG-D6,” says ONGC.

“The proposal has been sent for approval.” ONGC wants the feasibility report by mid-2014 so it can calculate how much to pay Reliance.

ONGC has identified four fields to put on production using Reliance's facilities: pre-NELP fields G4 and GS-29, and fields D and E at NELP-I block KG-DWN-98/2. All are within 15-km of Reliance's pumping plant and are together expected to produce between 6m cm/d to 9m cm/d from seven wells from 2017.

ONGC also wants the Aker brief to study if other ONGC fields could be connected to the facilities.

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