Tuesday, January 15, 2013

India - Oil and Gas Production - L&T wins Rs 749 crore offshore contract from ONGC

MUMBAI: Larsen a Toubro has secured an offshore contract valued at Rs 749 crore from the Oil & Natural Gas Corporation (ONGC) for total 'EPCI' - Engineering Procurement Construction a Installation of four wellhead platforms.

The contract was won against international competitive bidding. The project, spread over the Mukta, Bassein and Mumbai High South fields is part of ONGC's strategy to develop marginal fields to meet India's rising energy demands. L&T is scheduled to complete the project by April, 2014. In addition to conventional wellhead facilities, one of the platforms, viz., the 8-127, will also have process gas compression facility.

Article Source: http://articles.economictimes.indiatimes.com/2012-08-27/news/33425062_1_wellhead-platforms-mumbai-high-south-offshore-oil
Publication Date: 27 August 2012

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