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.