Larsen & Toubro’s (L&T) wholly-owned subsidiary - L&T Hydrocarbon Engineering (LTHE) has bagged an offshore contract for the Balance Work for Pipeline Replacement Project-4 from Oil & Natural Gas Corporation (ONGC) valued at approximately Rs 1,267 crore (approximately $194 million). 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 replace some of its well fluid, gas lift and water injection pipelines along with brownfield modification works on existing platforms in its Mumbai High, Neelam, Heera and Bassein & Satellite Fields which are situated in the Western Offshore field in the Arabian Sea on the continental shelf of Western India.
Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.
