KUALA LUMPUR: Sapura Energy Berhad was granted an RM3 billion contract by the Oil and Natural Gas Corporation (ONGC) in India.
The agreement was granted to Sapura and its consortium accomplice Sapura Fabrication Sdn. Bhd. what’s more, Afcons Infrastructure Limited.
Declaring the issue said the granted contract included engineering, procurement, construction, commissioning and commissioning (EPCIC) for the Central Processing Platform (CPP) and the development of stage quarters.
The venture is located on two offshore blocks of Godavari Delta of the East Coast of India including a region of ?? 7,295 kilometers.
Sapura Fabrication has a 48.3 percent stake in the consortium in this way converted into an agreement estimation of RM1.47 billion.
“The new contract will expand the organization’s quality in the quickly developing business sector and Sapura Energy is resolved to additionally adding to the Indian oil industry,” the organization said in an announcement.