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
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
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
