Oil & Gas

Expertise

Overview

The company is currently in advanced stages of discussions to forge strategic alliances with leaders in the oil and gas sector. Such partnerships and alliances, both in India and internationally, will enable RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited) to leverage its core skills to build new capabilities and products, and provide relevant and suitable solutions to customers globally. RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited) is also looking to collaborate with design engineering consultants focused on oil and gas and EPC activities.

The company is currently in advanced stages of discussions to forge strategic alliances with leaders in the oil and gas sector. Such partnerships and alliances, both in India and internationally, will enable RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited) to leverage its core skills to build new capabilities and products, and provide relevant and suitable solutions to customers globally. RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited) is also looking to collaborate with design engineering consultants focused on oil and gas and EPC activities.

At present, RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited)has formed consortiums with several Indian companies including L&T, Jaihind Projects Ltd., Tolani Projects Pvt. Ltd. and Gastech, and one foreign firm, DGI Italy, to undertake several projects. The company was recently awarded a contract worth US$ 170 million for an offshore project, as well as a repair and maintenance contract for another offshore platform worth approximately US$ 65 million.

As a long term goal, the company will also focus on contributing to India’s vast energy requirements - through offshore wind power and solar power projects – on a commercial basis. RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited)will also look to continuously explore the market for future opportunities, both in India and outside the country, in onshore, offshore, refineries, LNG and related sectors.

Projects

Sagar Laxmi Offshore Oil RIG

In December 2012, RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited)won the tender for the repair and upgradation of the Sagar Laxmi offshore oil rig, a converted Mobile Offshore Production Unit (MOPU) owned by ONGC. The platform is currently undergoing major modifications at RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited)to meet ONGC’s requirements to enhance the platform’s capacity for handling oil separation.

Sagar Pragati Offshore Oil RIG

In August 2013, a RNAVAL (formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited)and L&T consortium won a contract from ONGC for the upgradation/conversion of its Sagar Pragati Mobile Offshore Drilling Unit (MODU) into a Mobile Offshore Production Unit (MOPU).