Larsen & Toubro’s (L&T) wholly owned subsidiary-- L&T Hydrocarbon Engineering has bagged an offshore contract for the Transportation & Installation - Daman Development Project from Oil & Natural Gas Corporation (ONGC) valued at approximately Rs 1,150 crore. The Contract, won against international competitive bidding, encompasses total ‘EPCIC’ - Engineering, Procurement, Construction, Installation and Commissioning for the project.
The project, part of ONGC’s strategy to extract gas from Daman Field, is situated in the south western part of Tapti - Daman block in Mumbai Offshore, located at about 160-200 km North West direction from Mumbai city and 160 km West of Daman.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 17 billion in revenue. It operates in over 30 countries worldwide.
