Larsen and Toubro (L&T) has secured new contract valued over Rs 781 crore for 3 Wellhead Platforms from the Oil and Natural Gas Corporation (ONGC). The company won contract 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.
Recently, L&T was awarded another contract from ONGC for B-127 Cluster 3 Wellhead Platforms Project. These contracts reiterate the long term association of ONGC with L&T in the development of offshore fields in India. The company's offshore track record includes successful completion of several challenging projects for domestic and international clients.
L&T provides complete EPC1' solutions for the offshore oil and gas industry, combining customized engineering & procurement, fast-track project management and world class fabrication & sea installation capabilities. L&T is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3939.50 |
| Rail Vikas Nigam | 236.45 |
| NCC | 146.90 |
| KEC International | 506.50 |
| Kalpataru Projects | 1292.15 |
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