STOCKWATCH
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Refineries & Marketing
Deals5 May 2025, 05:12 pm

Shell, Reliance, and ONGC Complete India's First Offshore Decommissioning Project

AI Summary

In a landmark achievement for India’s energy sector, Shell, Reliance, and ONGC have successfully completed the country’s first offshore facilities decommissioning project with the safe removal of mid and south Tapti field facilities. The project, which involved the removal of five wellhead platforms, associated infield pipelines, and the safe plugging and abandonment of 38 wells, demonstrates a high level of planning, coordination, and compliance with regulatory frameworks while upholding the highest safety and environmental standards.

Key Highlights

  • First offshore facilities decommissioning project in India
  • Removal of five wellhead platforms and associated pipelines
  • Safe plugging and abandonment of 38 wells
  • Aligned with the 'Make in India' vision
  • Set a benchmark for future offshore energy transitions
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