ONGC lines up major tendeer for Daman Upside

摘要

INDIA'S state-controlled Oil & Natural Gas Corporation (ONGC) is preparing to fire the starting gun on a substantial offshore tender process involving the further development of its Daman gas project on the west coast, with the contract likely to be valued at about $1 billion. Project observers told Upstream that ONGC is understood to be working on tender documents for the Daman Upside engineering, procurement, construction and installation package and is expected to begin the bid process within the next couple of months. The Daman Upside project is crucial to ONGC's strategy to ramp up gas production from its shallow-water fields off India's west coast.