Contract work will include repairs, upgrade works and replacement of components to improve the reliability of the cranes. This complete overhaul will extend the operational life of the cranes for up to 20 years.
Sparrows will commence the contract works next month. The project is expected to be completed by the end of next year.
This latest order follows a three-year campaign that involved the refurbishment of 21 cranes.
Sparrows has supplied more than 100 cranes to ONGC.
Sparrows CEO Stewart Mitchell said: “In 2018, we were awarded a large scope of work to refurbish 21 of the 100 plus cranes we have supplied to OGNC over the years.
“As the original equipment manufacturer, we are in a unique position to ensure the quality of parts and components and the long-term integrity of the cranes.
“Cranes are a vital and safety-critical piece of equipment on any platform and through this refurbishment programme OGNC will be able to extend the life of their fleet in a cost-effective and time-efficient way.”
Recently, Press Trust of India reported that the Indian Petroleum Ministry urged ONGC to divest operatorship stake in the producing oil and gas fields to foreign companies.
The state-owned oil company was suggested to form a joint venture with international partners and offload 60% operatorship stake in the Mumbai High field, as well as offer a similar stake in the Bassein and Satellite asset to foreign firms.