Abu Dhabi-based oil and gas engineering contractor National Petroleum Construction Company (NPCC) has won an offshore engineering, procurement and construction (EPC) contract from India’s state-owned Oil and Natural Gas Corporation (ONGC).
The scope of work of the $327m contract includes survey, design, engineering, procurement, fabrication, load out, transportation, installation and commissioning of 5 well platforms for ONGC’s Ratna offshore oil field, located 130 kilometres southwest of Mumbai in India’s waters in the Arabian Sea.
NPCC is also to install 140 kilometres of subsea pipelines in nine segments and 60 kilometres of composite cables for the Ratna field, located off India’s western coast.
NPCC has been working on a number of offshore EPC projects for ONGC since the last 35 years, and has engineering centres in Mumbai and Hyderabad.
It is understood that NPC emerged as the lowest bidder for the deal when ONGC opened the bidding round on 5 January. NPCC beat competition from other bidders including Malaysia’s Sapura Energy, local Indian contractor Larsen & Toubro and Italy’s Saipem to win the contract.