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Reliance, BP to start MJ field off India in Oct-Dec 2022
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BP approaches longer-term goals after financial challenges in 2020
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McDermott completes work on KG-D6 Satellite Cluster Project in India 03 Jun 2021 (Last Updated June 3rd, 2021 15:50)
The KG-D6 Satellite Cluster Project is located in the Krishna Godavari Basin, off the east coast of India.
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In picture, McDermott’s DLV 2000 pipelay vessel, which was used in KG-D6 Satellite Cluster Project. Credit: McDermott International Inc.
McDermott International has completed its work at Reliance Industries operated KG-D6 Satellite Cluster Project, off the east coast of India.
The project involved many firsts, including the deepest pipelaying works in India.
Work included subsea pipelines and the installation of jumpers, umbilicals, in-line structures, pipelines, subsea manifolds and associated structures. It also included pre-commissioning of pipelines and umbilicals.
Synopsis
Reliance and its partner UK s BP Plc last week auctioned 5.5 million standard cubic meters per day of incremental gas from the newer discoveries in the KG-D6 block, benchmarking it to a gas marker. Reliance s oil-to-chemical (O2C) business unit picked up 3.2 mmscmd gas in the auction, three sources with direct knowledge of the development said.
Agencies
Billionaire Mukesh Ambani s
Reliance Industries Ltd and its affiliates have picked up more than three-fourths of the new gas volumes from the firm s eastern offshore KG-D6 block which at current government dictated price will cost it less than half of the imported rate, sources said.
BP p l c Group results - First quarter 2021
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