The largest of these projects with a value of $72.5 million is part of the Mumbai High South Phase-2 re-development project for India’s Oil and Natural Gas Corporation (ONGC) and consists of the installation of rigid pipelines and cables, off the west coast of India.
The scope of work involves pre-installation and post-installation surveying, installation of six segments of rigid pipeline totaling 54km, three segments of cable totaling 23km, pipeline crossings, free span corrections, cable crossings and risers.
The proposed Global vessels for this project are the DLB-264 and the Subtec-1. Work is scheduled to begin in November 2008 and is expected to be completed by April 2009.
Additionally, Global has received an award in India for the provision of diving services on board three ONGC vessels. The project, worth approximately $20 million, is for a term of one year and includes a provision of management and construction personnel onboard the ONGC vessels involved in inspection, repair and maintenance activities off the coast of India.
Global has also signed an agreement for pipe lay work with its vessel DLB Comanche in Asia Pacific beginning in June 2008. The contract which involves the installation of various pipelines is expected to last for a duration of 60 days immediately following the project, for a total value of $18.7 million.