How late is ONGC's Daman development plan running?
ONGC believes that it can deliver 2-3 mmscmd of gas by May, 2018 and peak gas of 8 mmscmd possibly by 2020. But is that a realistic target given that the company has not finished awarding the contracts for the project after EPC contractor Swiber Offshore Construction, Singapore declared bankruptcy.
ONGC believes that it can deliver 2-3 mmscmd of gas by May, 2018 and peak gas of 8 mmscmd possibly by 2020. But is that a realistic target given that the company has not finished awarding the contracts for the project after EPC contractor Swiber Offshore Construction, Singapore declared bankruptcy.
Could the company have acted faster?
It is true that the bankruptcy of Swiber Offshore
Construction delayed the commissioning of the crucial Daman project. But could
ONGC RIL tenders contracts have acted faster after the bankruptcy was declared?
The subcontracts were already awarded by Swiber before it went down. So what took so long to revive those contracts?
The subcontracts were already awarded by Swiber before it went down. So what took so long to revive those contracts?
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