VM in Consortium with SOCTS Win $215 Million Contract from ONGC
Valentine Maritime Ltd. (VML) based in Abu Dhabi, UAE in Consortium with Supreme Offshore Construction & Technical Services Ltd.(SOCTS) based in India was awarded on 26th August 2014 a contract by Oil & Natural Gas Corp. Ltd.(ONGC) worth approximately USD 215 Million, for the MHNRD Phase III Pipeline Project (of MHN Field) in the Arabian sea, located 165km north west of Mumbai. The scope of work under this contract consists of Survey, Detailed Engineering, Procurement, Fabrication, Transportation, Pipe Coatings, Installation, Hook-up and Commissioning of: 1. 19 pipelines segments of 171.2km (including well fluid, lift gas, water injection & gas evacuation pipeline with PLEM). 2. Modification to 12 existing Platforms including removal of redundant facilities. 3. Subsea umbilical. The project is scheduled to be completed by April 2016.