From ONGC
Larsen & Toubro announced that its wholly owned subsidiary, L&T Hydrocarbon Engineering, has bagged an offshore contract for the Bassein Development Project from the Oil & Natural Gas Corporation (ONGC) valued at Rs 2715 crore.The contract, won against international competitive bidding, encompasses total 'EPCI' - Engineering, Procurement, Construction and Installation for the project. The scope involves one new process platform having gas processing and compression facilities, one nine-slot well head platform, topside modification on existing platforms, associated subsea pipelines and one living quarter platform in the Bassein Field in western offshore of India.
The project, part of the ONGC's strategy to enhance the field life and increase recovery of Bassein Field, is scheduled to be completed by December 2017.
Powered by Capital Market - Live News
