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ONGC board approves Rs 11 bn turnaround project

ONGC board approves Rs 11 bn turnaround project

Minister of State for Petroleum & Natural Gas P Lakshmi informed the Lok Sabha that ONGC board recently approved a turnaround or reconstruction project in Bassein fields in its meeting held on March 20, 2013, at an estimated cost of $207 million (Equivalent to Rs 1,138.50) with scheduled completion by April 2015.

Further, she said, with implementation of various redevelopment projects, the fields in Western Offshore may be on production beyond 2030, and therefore, the existing infrastructure facilities will be required to be in service beyond 2030.

Hence revamp or upgrade of unmanned platforms or process platforms in a phased manner are technically essential to maintain the production of oil and gas from Mumbai High and other offshore fields as well as to ensure mandatory safety compliance with Oil Industry Safety Directorate (OISD) guidelines on fitness of offshore platforms.

Lakshmi added that with the development of the various fields of Western Offshore over the years, vast infrastructural facilities were developed comprising of Process Complexes, Well Platforms, and a large network of pipelines for transporting the well fluids, injection water and lift gas along with oil and gas export pipelines. Most of the platforms in Western Offshore fields are over 25 years old.

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