Shapoorji Pallonji, Bumi Armada build FPSO for ONGC

07 Nov 2022 CW Team

Shapoorji Pallonji Oil & Gas, the only Indian specialist in building floating production storage and offloading units (FPSO) in the hydrocarbon industry, has built a unit for the Oil & Natural Gas Corp (ONGC) to be deployed in the Krishna-Godavari (KG) Basin.

Named Armada Sterling V, the FPSO was built at the Sembcorp Shipyard in Singapore in association with Malaysia's Bumi Armada group. The company has a 70:30 joint venture with the Malaysian group.

This is Shapoorji Pallonji's fourth FPSO and its third unit for domestic waters, a company statement said. The vessel will be reaching domestic waters some time before December-end.

Armada Sterling V will be deployed in Cluster 2 of ONGC's KG98/2 Block off the Vizag coast, making it the state-owned explorer’s first deep-water development where it is investing over $5 billion, which includes an FPSO, a process platform and other facilities.

Production at Cluster 2 is expected to peak at around 16.5 million standard cubic metres of gas per day and 78,000 barrels of crude oil per day, which if achieved can reduce the country's annual crude oil import bill by $4.5 billion, the statement added. Armada Sterling V is designed for continuous operations up to wave heights of over 27 metres and has been engineered and delivered by a team of Indian engineers and project personnel. The vessel has a design life of 20 years without the need for dry docking, the company added.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..