L&T wins Rs 894-cr order from ONGC

L&T Hydrocarbon Engineering (LTHE), a fully ownedsubsidiary of Larsen & Toubro, has bagged an offshore contractvalued at Rs 894 crores from Oil & Natural Gas Corporation (ONGC) for additional development of the Vasai East project.
 
The contractincludes total EPCI (Engineering, Procurement, Construction and Installation) solutions of two wellhead platforms, subsea pipelines and modification of existing facilities in Heera-PannaBassein Block of Mumbai Offshore. The project, part of ONGC’s strategy to improve recovery factor of Vasai East field where production started in 2008, is scheduled to be completed by April 2016.
 
L&T has been serving the upstream hydrocarbon sector sincetheearly 1990s. This contract reiterates 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.
 
LTHE provides complete ‘EPCI’ solutions for the offshoreoil & gasindustry. It combines customised engineering, procurement, fast-track project management and world-class fabrication, and sea installation capabilitiesmeeting stringent timelines and conforming to global safety standards.