NEW DELHI, India— ONGC has connected a subsea pipeline to the Panna process platform, part of the offshore Bassein & Satellite Asset.
The Panna-Mukta oil fields are northwest of Mumbai.
According to the company, the new arrangement will save about $43,000 per day in operating costs and should also minimize production downtime associated with tanker changeovers and eliminate demurrage charges during bad weather.
The project involved installing two segments of 37.5-km subsea pipeline, three main oil line pumps and three booster pumps.
