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Company News

Contract signing ceremony for the Daman Development Project

(3/5/2017)

On 22 April 2017, PTSC M&C signed the contract for the provision of design, engineering, procurement, fabrication, pre-commissioning, load-out, tie-down/sea-fastening service for the Daman Development Project (the Project) operated by Oil and Natural Gas Corporation Limited (ONGC) offshore India. The event was hosted in India, homeland of the Project, and was well-attended by board of management and staff from ONGC and PTSC M&C. 

 

The signing ceremony is truly momentous and considered as a testimony to all-out-efforts made by involved parties after the Project crisis in 2016. The Project is now scheduled for completion and ready for delivery in December 2017. PTSC M&C, with the generous support of ONGC, will mobilize its qualified and experienced resources to ensure on-time project delivery whist upholding to high quality and safety standards. 

 

Daman Development is the second project PTSC M&C is entrusted with by Indian operators/partners following the successful export of the Heera Redevelopment process topsides to India in 2014.