NEW DELHI: Old, it seems, is gold for ONGC. The state-run explorer has put into operation its first mobile offshore production unit (MOPU) built by converting ‘Sagar Samrat’, the iconic 1973 jack-up rig that helped discover the Mumbai High field in 1974 and was well past its use-by date.
Sagar Samrat was given its new avatar at a cost of Rs 1,800 crore. It started production from the WO-16 cluster of marginal offshore fields, 130 kms from the Mumbai coast, on December 29 and will add 6,000 barrels of oil to the company’s output, the company said on Tuesday.
“Sagar Samrat MOPU will handle up to 20,000 barrels per day of crude, with a maximum export gas capacity of 2.36 million cubic metres per day,” it said.
