India’s Oil and Natural Gas Corp. Ltd. (ONGC) has awarded GE Oil & Gas (NYSE: GE) a multimillion dollar frame agreement to supply about 55 subsea wellheads over the next three years.
In a news release, GE said the SG5 wellheads will be used for the operator’s shallow- and medium-water drilling campaign offshore India. The first wellhead will be supplied in fourth-quarter 2016.
GE said part of the manufacturing scope will take place in India for the first time, while engineering and project management support will come from regional teams in Singapore.
The company has provided ONGC with subsea production equipment for more than 30 years, GE said in the release.
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