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L&T Hydrocarbon Engineering bags Rs 1,150 crore contract from ONGC

The project is located in the south-western part of Tapti - Daman block in the Mumbai offshore

Press Trust of India  |  New Delhi 

Larsen & Toubro, L&T

Hydrocarbon Engineering has secured a Rs 1,150-crore contract from pertaining to a Daman Development project. "Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro, has bagged an offshore contract for the Transportation and Installation - Daman Development project from (ONGC) valued at approximately Rs 1,150 crore (USD 177 million)," Larsen and Toubro stated in a filing today. The project, part of ONGC's strategy to extract gas from the Daman field, is located in the south-western part of Tapti - Daman block in the offshore. The contract covers engineering, procurement, construction, installation and commissioning of the project. Stock of Larsen and Toubro was trading 0.55 per cent up at Rs 1,149.10 on the

First Published: Wed, October 11 2017. 17:15 IST
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