LTHE secures $194m offshore contract from ONGC

14 November 2017 (Last Updated November 14th, 2017 12:31)

Larsen & Toubro’s (L&T) subsidiary L&T Hydrocarbon Engineering (LTHE) has secured a $194m offshore contract from Oil & Natural Gas (ONGC) through an international competitive bidding process.

Larsen & Toubro’s (L&T) subsidiary L&T Hydrocarbon Engineering (LTHE) has secured a $194m offshore contract from Oil & Natural Gas (ONGC) through an international competitive bidding process.

The engineering, procurement, construction, installation, and commissioning (EPCIC) contract comprises balance work for the Pipeline Replacement Project-4 in India.

The project forms part of ONGC’s strategy to replace well fluid, gas lift, and water injection pipelines along its existing platforms.

It also includes brownfield modification work on the platforms in its Mumbai High, Neelam, Heera, Bassein and satellite fields, which are all located in the Western Offshore field in the Arabian Sea on the western coast of India.

“The engineering, procurement, construction, installation, and commissioning (EPCIC) contract comprises balance work for the Pipeline Replacement Project-4 in India.”

This contract is said to build upon a long-term association between ONGC and L&T.

Last month, LTHE received a $177m offshore contract from ONGC for transportation and installation at the Daman Development Project, which also involves EPCIC work.

The Daman Field is situated in the south western part of Tapti, in the Daman block in Mumbai Offshore.

L&T has completed several offshore projects for domestic and international customers providing EPCIC solutions along with engineering, procurement, and project management services.

The company is active in more than 30 countries worldwide and is involved in various engineering, construction, manufacturing, and financial services.