Industry sources told Upstream that state-controlled ONGC has floated expressions of interest for an integrated package covering the subsea umbilicals, risers and flowlines and subsea production systems (SPS) required for the deep-water development. They added that at least four top-line teams of contracting groups are expected to compete for the work.
One source associated with the KG-DWN-98/2 development said the “giant” subsea contract is expected to be worth more than $1.5
