Sapura Energy Berhad (Sapura Energy) and its consortium partner have been awarded a contract valued at approximately RM3 billion by Oil and Natural Gas Corporation (ONGC) in India.
The consortium partners comprising Sapura Fabrication Sdn Bhd (Sapura Fabrication), a wholly-owned subsidiary of Sapura Energy, and Afcons Infrastructure Limited (Afcons), will be jointly undertaking Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) works for a Central Processing Platform (CPP) and Living Quarters for KG-DWN 98/2 NELP block.
The block, located offshore the Godavari Delta on the east coast of India, covers an area of approximately 7,295 kilometres of the Krishna-Godavari basin with water depth ranging between 300 metres to 3,200 metres.
Sapura Fabrication’s share in the consortium is 48.3 per cent which translates to approximately RM1.47 billion in contract value.
The new contract win enhances the company’s presence in the growing market and Sapura Energy is pleased to continue its contribution to India’s oil and gas industry and in helping to meet the country’s increasing energy demand.
The project is an opportunity for Sapura Energy to participate in a key development for ONGC, leveraging on the company’s established deepwater knowledge and capabilities.
Sapura Energy welcomes the collaborative relationship with its consortium partner, Afcons, which is the construction arm of the Shapoorji Pallonji Group, India’s leading engineering and construction conglomerate.
About Sapura Energy Berhad
Sapura Energy Berhad is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, as well as decommissioning and abandonment. With a highly-skilled and technically-capable workforce, strategic world-class assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.
About Afcons Infrastructure Limited
Afcons is the flagship Engineering, Procurement and Construction infrastructure arm of the Shapoorji Pallonji Group, which is India’s leading engineering and construction conglomerate. With a turnover of $1bn, Afcons has a diverse experience of on-time execution of over 350 infrastructure projects across 22 countries. Afcons has successfully executed landmark infrastructure projects in areas of Rail, Metro, Highways, Bridges, Tunnels, Ports, Industrial Projects, LNG, Hydropower & Water works, and Oil & Gas.