L&T Hydrocarbon Engineering Grabs $229M ONGC Prize

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has signed an offshore contract for ‘Bassein Development 3 Well Platform & Pipeline Project’ with Oil & Natural Gas Corporation (ONGC).

The contract is valued at approximately 1,483 crores (approximately 229 Million USD).

The order encompasses EPCIC – engineering, procurement, construction, installation and commissioning..

The EPCIC scope of the project includes three new wellhead platforms, 23-kilometer subsea pipeline, composite subsea power cable, clamp-on works on an existing platform and modification work on nine existing platforms in the western offshore basin in India.

The project, part of ONGC’s strategy to jointly develop three small and marginal fields/blocks namely B-147, BSE-11 and NBP-E under ‘Bassein Development 3 Well Platform Project’, is scheduled to be completed by May 2019.

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