McDermott Wraps Up Reliance Campaign
McDermott International said it was able to mitigate impact of two cyclones en route to completing the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.The recently completed campaign included McDermott’s piggy-back pipelay in S-lay mode (18-inch plus a 4-inch) offshore in India in approximately 1,300 meters water depth and the installation of 6-inch lines, pipeline end terminations (PLETs) and manifolds to water depths of approximately 1,920 meters, McDermott said. The
TechnipFMC Wins MJ1 Subsea Contract
TechnipFMC announced on Monday it has been awarded "significant" subsea contracts from India's Reliance Industries to build and install flexible risers, rigid and flexible flowlines and umbilicals for the the MJ1 field located offshore India in the deepwater Krishna Godavari basin.The contract is worth between $75 million and $250 million, the UK-based contractor said in a press release.Reliance Industries is operator and holds 60% interest in the MJ1 field. Its partners are BP and Niko with 30% and 10% stakes respectively. This high-pressure high-temperature (HPHT) gas field is
BP, Reliance Move Ahead in Deep Water
BP and Reliance Industries Limited (RIL) today announced the sanctioning of the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India. The ‘Satellite cluster’ is the second of three projects in the Block KG D6 integrated development. The first of the projects, development of the ‘R-Series’ deep-water gas fields, was sanctioned in June 2017. Together the three projects will develop a total of
Subsea Vessel Ops Predicted to Grow Over Coming Years
; Asia The majority of subsea developments in Asia are located in shallow waters but this is expected to move continuously towards water depths beyond 1,000m over the next five years. Deepwater developments are driven by projects such as Cheveron’s Gandang, Gehem and Gendalo fields, Reliance Industries M-1 and Shell’s Kamunsu East. Both Malaysia and India are expected to account for the largest field development-related vessel demand in Asia over 2015-2019. Australasia Subsea vessel demand in the region will be largely driven by shallow water LNG developments in Western Australia
India Denies Reliance from $2.4b Cost Recovery
India has disallowed Reliance Industries Ltd from recovering $2.376 billion invested to develop offshore gas fields in the D6 block on the country's east coast as output has fallen drastically and is way below the promised volumes, the oil minister said. Under India's exploration policy, the government allows companies to first recover their costs from oil and gas revenue, and subsequently share profits with the government. Reliance had set up facilities to produce 80 million cubic metres a day (mmscmd), but actual gas production has been much lower, resulting in underutilisation and creation of
Increase in Demand for the Hot Subsea Vessel Market
to shallow water fields, but there are now a number of deepwater projects producing or underway. Vessel demand is expected to see strong growth with developments such as Shell’s Gumusut (Malaysia), Chevron’s Gehem and Gendalo (Indonesia), Salamander’s Bualuang (Thailand), Reliance Industries’ MA-D6 (India) and CNOOC’s Xijiang 32-1 (China). Expenditure is expected to increase by a CAGR of 11% over the next five years. Australasia Australia’s offshore oil & gas reserves are found in the Bonaparte, Browse and Canarvon Basins off the west coast, as well as
FPSO Mooring Inspection Contract for Welaptega
inspection of the FPSO’s mooring system is a rolling annual program in which three mooring lines will be inspected on the facility in each year. FPSO Dhirubhai-1 is a converted oil tanker operating at 1200m water depth with a production capacity of 60,000 bpd. It is on contract to Reliance Industries Ltd. until 2018. Welaptega Marine is a DNV, Lloyds Register and ABS approved service provider with a 15-year history of providing high quality, repeatable in-service inspection services on permanently installed mooring systems for clients in the UK, Norway, US, West Africa and Australia.
February 2024
