"The facilities are being employed to execute a prestigious Lump Sum Turn Key contract that has been bagged from ONGC for subsea installation by a consortium of J Ray Mc Dermott S A, Berlian, McDermott and Larsen and Toubro, Hydrocarbon Engineering in an international competitive bidding", a company statement said.
The contract was part of ONGC's integrated development of Deep Water Vashishta and S1 fields taken on the Eastern coast.
The project was scheduled to commence production by mid-2017 and achieve full capacity of two billion cubic metres of gas per year by end 2017.
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