Posts Tagged ‘ MA field ’

Reliance starts production in Krishna-Godavari basin

In a significant development, Reliance Industries has begun crude oil production from the nation’s first deep-sea oilfield in Krishna Godavari basin, an accomplishment that the firm may announce in the next few days. The company’s predominantly gas-rich D6 block in Krishna Godavari basin on September 17 flowed first oil, said a source in the consortium [ READ MORE ]

RIL to start crude production from KG basin next month

With a FPSO (Floating, Production, Storage and Offloading) vessel set to stream into Kakinada from Singapore shortly , Reliance Industries Ltd is gearing up to extract crude from its Krishna Godavari basin wells by the second half of September. The MA Fields in the D-6 block in the KG basin will produce about 40,000 barrels [ READ MORE ]

Oil & Gas Market, India

Reliance Industries (RIL), which is set to kick off the first spot crude oil market in the country, will be inviting price quotes from oil refining companies shortly. This would also set the first benchmark for market-driven prices in the crude oil sector. RIL is set to be the first oil and gas private major [ READ MORE ]

Reliance : FPSO on MA field

Reliance Industries has awarded a FPSO contract to Aker Floating Production. Aker Borgestad Operations will be in charge of operations and maintenance of the floating production, storage, and offloading vessel (FPSO) Aker Smart 1 at India’s MA field.The value of the five-year project is just over USD 100 million. The Reliance includes options to extend [ READ MORE ]

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