Larsen & Toubro’s (L&T) wholly-owned subsidiary, L&T Hydrocarbon Engineering (LTHE) has signed an offshore contract for ‘Bassein Development 3 Well Platform & Pipeline Project’ with Oil & Natural Gas Corporation (ONGC) valued at around Rs 1,483 crore.
The order, won against International Competitive Bidding, encompasses ‘EPCIC’ -Engineering, Procurement, Construction, Installation and Commissioning - for the project. The EPCIC scope of the project includes three new wellhead platforms, 23-kilometer subsea pipeline, composite subsea power cable, clamp-on works on an existing platform and modification work on nine existing platforms in the western offshore basin in India.
The project, part of ONGC’s strategy to jointly develop three small and marginal fields/blocks namely B-147, BSE-11 and NBP-E under ‘Bassein Development 3 Well Platform Project’, is scheduled to be completed by May 2019.
