View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 20, 2017

L&T Hydrocarbon secures $245m offshore contract from ONGC

Larsen & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has received a $245m offshore contract from Oil & Natural Gas Corporation (ONGC) to redevelop Neelam field and B173AC Project.

Larsen & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has received a $245m offshore contract from Oil & Natural Gas Corporation (ONGC) to redevelop Neelam field and B173AC Project.

Free Report
img

Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
  • Understand CCUS and its importance in reducing global emissions 
  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
Download the report now to get ahead of this trend and make strategic investments.  
by GlobalData
Enter your details here to receive your free Report.

LTHE won the contract through the process of international competitive bidding. The contract covers engineering, procurement, construction, installation and commissioning services (EPCIC) for the project.

Under the contract, LTHE will develop one new process platform with gas processing and compression facilities, three new well head platforms, a 32km pipeline, clamp-on on three existing platforms and modification work on eight existing platforms in the Neelam Field in India's western offshore basin.

The project forms a part of ONGC’s strategy to improve recovery potentiality and extend the life of Neelam field.

The project is expected to be completed by April next year.

"The project forms a part of ONGC’s strategy to improve recovery potentiality and extend the life of Neelam field."

Following development, the additional gain from the field to 2034-35 is estimated to be 2.76 million tonnes of crude oil and 4.786 billion cubic metres of gas.

Neelam offshore field is in the Heera-Panna block in Mumbai Offshore, 45km from Mumbai city.

Larsen & Toubro has a long association with ONGC to develop offshore fields in India, having been working in the upstream hydrocarbon sector since the early 1990s.

LTHE provides complete EPCIC solutions for the offshore oil and gas industry

Larsen & Toubro operates in more than 30 countries worldwide specialising in technology, engineering, construction and manufacturing services.

Related Companies

Free Report
img

Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
  • Understand CCUS and its importance in reducing global emissions 
  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
Download the report now to get ahead of this trend and make strategic investments.  
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology