Singapore-based Kreuz Subsea has secured a multi-million contract from India-based Larsen & Toubro (L&T).
Claimed to be Kruez Subsea’s most significant deal so far, the contract will start immediately. Kreuz will make use of five vessels to perform subsea completion works.
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Under the terms of the contract, Kreuz Subsea will help in installation of all riser clamps, risers, tie-ins, besides undertaking crossing works, subsea trenching and hydro-testing of pipelines.
These pipelines are part of the Oil & Natural Gas Corporation’s (ONGC) Daman Field development projects and Pipeline Replacement Project (PRP4), offshore Mumbai, India.
The ships to be used for the completion works include Kreuz Installer, a SURF vessel built for DP2 purpose, and Kreuz Supporter, a diving support and construction work vessel.
Kreuz Subsea chief executive officer AJ Jain was quoted by Energy Voice as saying: “Securing a contract of this size and with a major company like L&T is a fantastic achievement for the whole team at Kreuz and sets a record in the company’s history.
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By GlobalData“The waters of Daman field are known for experiencing very high tidal currents and near zero visibility. Being awarded this work to ultimately support ONGC in the region reaffirms our reputation for providing flexible, safe operations, dedicated and experienced personnel, as well as the ability to pass on great value to our clients.”
