Aban only Indian company qualified for MOPU

Vol 21, PW 1 (05 Oct 17) Exploration & Production
     

Several Indian companies are interested in ONGC's tender for a Mobile Offshore and Processing Unit (MOPU) at its western offshore Ratna and R-Series fields but only Aban Offshore appears qualified to bid alone.

Aban's experience owning and operating Floating Production Unit (FPU) Tahara at eastern offshore field PY-3 for Hardy Oil & Gas makes it the only Indian company qualified, believe industry sources. What of Oilmax, which owned and operated a FPU offshore Nigeria? Oilmax it seems transferred the FPU a few months ago to its Asian Oilfield Services subsidiary, making it ineligible to bid alone.

Other Indian companies believed to be interested are Mumbai-based Askara Offshore, Shapoorji Pallonji, IISP Offshore based at Mohali in Punjab and Mumbai-based Dynamic Drilling. "They all need to find a foreign partner," says a source, "so they can meet ONGC's condition of owning and operating a similar unit for at least one year in the past 10 years." Potential foreign bidders include US-based Coastal Marine, Triune Offshore, Malaysia's Sapura Energy, Japan's Modec, Netherland-based Bluewater Energy and Malaysia's MISC.

ONGC is selling tender documents from September 12 until the November 7 bid deadline. Whoever wins will have to provide the MOPU - usually a decommissioned jack-up converted to an offshore oil and gas processing unit - within 10 months of the LoA plus another month to commission and hook-up to the established Ratna platform and five planned wellhead platforms.

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