India’s state-controlled Oil & Natural Gas Corporation (ONGC) is set to launch pre-qualification this month for the large floating production, storage and offloading vessel it plans to install at its $5 billion-plus KG-DWN-98/2 deep-water development off the country’s east coast.
Several sources close to the FPSO tender process told Upstream that ONGC is expected to launch the much-delayed pre-qualification process within a week or two and suggested that at least five to six leading FPSO contractors are likely to respond.
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