Deadline extension for construction of D-1 production facilities

Vol 7, PW 12 (27 Aug 03) News in Brief
     

ONGC has postponed till 10th September the deadline for bids to set up production facilities to develop the D-1 marginal field offshore Mumbai.

Bidders Larsen & Toubro, J. Ray McDermott, Mazagon Docks and Engineers India have all asked for the postponement.

ONGC wants to build one 12-slot light weight well cum water injection platform, construct and install a new single point mooring system and modify the Sagar Lakshmi platform - at a cost of Rs126cr ($26m). The tender was issued in May, a pre-bid conference was held on 3rd July and bids were to be sent in by 13th August.

But in July the four bidders separately requested a postponement. ONGC wants the D-1 platform ready by December next year and Sagar Lakshmi modified by March 2005.

D-1 is expected to yield 4.5m tonnes oil over 10 years and was originally awarded to a consortium of Indian Oil and the former UK company Enterprise Oil before its return to ONGC. D-1 is the first of ONGC's dormant marginal fields primed for production.