Seamec Ltd. has informed Bombay Stock exchange that it has secured a charter deal with Leighton Welspun Contractors Pvt. Ltd. in India for the vessel Seamec III.
The DP2 Saturation Diving Support vessel will be utilised for the ONGC Pipeline Replacement Project III for Season 2012 – 2013 and Season 2013 – 2014.
The job for each season is 180 days. The first season work is expected to kick off in early October’ 2012. The total value of the Contract is approximately USD 18 million.
PRP3 covers works in ONGC’s Mumbai High and Heera Oil and Gas fields off India’s west coast. The scope of work includes installation of 31 subsea pipeline segments, both rigid and flexible, of various diameters up to 16″ and totalling approximately 200kms in length, as well as associated pipeline risers, platform topsides modifications, hook-up activities and testing.
Much of the production and transportation infrastructure at Mumbai High was installed in the 1980′s. To assure asset integrity, ONGC has been progressively implementing a replacement program. The new pipelines will help ONGC extend field life and enhance production and operational safety.
Offshore Energy Today Staff, August 7, 2012