GOL Inks $115M Contract with ONGC to Reconstruct 2 Offshore Gas Platforms

Mumbai-based integrated offshore oilfield services provider GOL Offshore Ltd inked a $115.02 million (INR 7.1 billion) contract with India's state-owned Oil & Natural Gas Corporation Limited (ONGC) for the reconstruction of two gas processing platforms off the West Coast of India.

Under the contract, GOL Offshore will provide engineering survey, detailed design and engineering, procurement, fabrication, transportation of materials (from shore to offshore), installation and hookup as well as commissioning for the reconstruction of the two gas processing platforms - BPA and BPB - which are located off the country's west coast.

GOL Offshore said the the contract will be executed over a two-year period, the company said in an announcement on India's stock exchange BSE Ltd.

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