The 2,000 horsepower land-based oil rig, touted as the world’s most powerful rig capable of drilling to a depth of 6,000 meters, has been handed over to state-owned oil and gas giant Oil and Natural Gas Corporation (CGSB) on March 8. by Hyderabad-based multidisciplinary conglomerate Megha Engineering and Infrastructures Ltd (Meil). Meil handed over the rig to ONGC in Rajahmundry, Andhra Pradesh, saying it provided ten onshore drilling rigs, three of which were already operational and the remaining seven are in the final stages of installation and will operate across multiple fields. Onshore CGSB in the next 4-5 weeks.
Meil had in 2019 secured a contract worth Rs 6,000 crore from ONGC in a tender to supply 47 oil rigs, comprising 20 workover rigs and 27 drilling rigs to be provided to ONGC assets in Assam, Andhra Pradesh, Gujarat, Tripura and Tamil Nadu. . The engineering giant said the rigs are the first of their kind to be incorporated into the CGSB drilling fleet and were built with full hydraulic automation technology to reduce downtime for safety and maintenance reasons. “As energy prices are soaring, advanced platforms are very important for India’s energy sector to drill oil and gas wells faster and increase oil and gas production at home use,” Meil said.
Summary of news:
- ONGC receives world’s largest oil rig from Megha
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