Larsen & Toubro (L&T), India’s leading engineering and construction organization has bagged a prestigious offshore process platform contract in KG Basin from Gujarat State Petroleum Corporation (GSPC) valued at Rs 1,450 crore.
To meet its challenging target of production of hydrocarbon by July 2013 from KG Basin, off the East Coast of India, GSPC awarded this offshore process cum living quarter’s platform project to L&T under international competitive bidding process. L&T has been serving the upstream hydrocarbon sector since early 90s, and successfully executed several demanding and hallmarks projects for domestic and international clients.
This is the second contract bagged by L&T from GSPC. Prior to this, L&T received GSPC’s first offshore wellhead platform contract for the development of Deen Dayal West Field in KG Basin.
L&T has already demonstrated its capabilities by delivering superstructure of the offshore platform from its newest manufacturing facilities at Kattupalli near Ennore within year of commencing operations. Upon final commissioning, the facilities will add about 6 million standard cubic meters of hydrocarbon gas per day to India’s energy production.
This contract is an outcome of L&T’s reliable, single-source capabilities in executing critical projects for oil companies.