RBM Infracon Limited, a prominent industrial services provider specializing in EPC contracts and advanced solutions for mechanical and rotary equipment, has officially executed its contract with Oil and Natural Gas Corporation (ONGC) for the Nandej Oil Field extraction project.
The work order, initially awarded in September 2024, was formally signed on November 25, 2024, marking the start of operations for this long-term collaboration. The project is set to leverage RBM Infracon’s multidisciplinary expertise, innovative technologies, and a strong track record in executing complex energy sector projects.
Key project details:
- Total contract value: Rs 3,498 crore
- Crude oil extraction: Rs 33,371 crore
- Gas extraction: Rs 127 crore
- Contract duration: 15 years (extendable by 5 years)
- LOI issued: September 6, 2024
- Contract signing date: November 25, 2024
This 15-year contract underscores RBM Infracon’s commitment to delivering state-of-the-art solutions for India’s energy sector while contributing to ONGC’s strategic goals in oil and gas production at the Nandej Oil Field.