L&T wins Rs.781 cr ONGC contract

Last Updated: Thu, Dec 27, 2012 11:33 hrs

Larsen & Toubro has secured an offshore contract valued at ` 781 crores for 3 Wellhead Platforms from the Oil & Natural Gas Corporation (ONGC).

The contract, won against international competitive bidding, encompasses total 'EPCI' - Engineering Procurement Construction & Installation of three wellhead platforms, spread over Heera and South Heera fields of the ONGC.

The project, part of ONGC's strategy to re-develop Heera and South Heera fields to meet India's rising energy demands, is scheduled to be completed by April, 2014.

These un-manned Wellhead platforms will be connected with the nearby Heera Process Complex by subsea cables for remote operation.

L&T has been serving the upstream hydrocarbon sector since the early '90s.

Recently, L&T was awarded another contract from ONGC for B-127 Cluster 3 Wellhead Platforms Project.

L&T provides complete 'EPCI' solutions for the offshore oil & gas industry, combining customized engineering & procurement, fast-track project management and world class fabrication & sea installation capabilities.

Larsen & Toubro is a USD 13.5 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

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