Shapoorji Pallonji, Bumi Armada build FPSO for ONGC
OIL & GAS

Shapoorji Pallonji, Bumi Armada build FPSO for ONGC

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.

See also:
Reliance’s MJ gas condensate field to begin output this year
OIL keen on petroleum mining lease in Jaisalmer, Bikaner


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. See also: Reliance’s MJ gas condensate field to begin output this yearOIL keen on petroleum mining lease in Jaisalmer, Bikaner

Next Story
Resources

Godrej Enterprises Boosts EV Growth with Local Tooling Solutions

As India’s electric vehicle (EV) market experiences unprecedented growth, the tooling business of Godrej Enterprises Group is playing a critical role in enabling the sector’s supply chain with high-precision, locally manufactured solutions. With the automotive industry rapidly pivoting towards EVs, demand has surged for new engines, battery enclosures, and precision-formed sheet metal parts—all requiring advanced tooling systems. Godrej Enterprises Group has enhanced its tooling capabilities to meet these evolving demands. The business has focused on delivering high-precision dies a..

Next Story
Real Estate

Mumbai Property Registrations in H1 2025 Hit 10-Year High

Property registrations in Mumbai touched a decade-high in the first half of 2025, with 75,982 units registered between January and June, a 5 per cent increase over the same period in 2024. According to data from the Department of Registrations and Stamps (IGR), Maharashtra, the corresponding revenue rose by 15 per cent to Rs 67.27 billion crore, the highest in ten years, as per Knight Frank India. June 2025 recorded 11,586 property transactions, slightly lower than 11,673 in June 2024, marking a marginal 1 per cent decline. However, registration revenue for the month increased by 2 per ce..

Next Story
Building Material

Enlight Metals Unveils 24-Hour Steel Delivery for OEMs and MSMEs

Enlight Metals, a rapidly growing B2B metal aggregator, has launched a 24-hour delivery model for core steel products, targeting improved supply efficiency for OEMs, MSMEs and infrastructure firms. Initially rolled out across Maharashtra, Gujarat, Karnataka, Madhya Pradesh and Uttar Pradesh, the model is designed to meet urgent procurement needs through AI-driven operations. The new offering ensures dispatch of key steel materials—HR/CR coils, TMT bars, GP sheets, structural steel, and MS pipes—within 24 hours of order confirmation. By embedding AI across its supply chain, Enlight aim..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?