Kreuz Subsea Lands Historic Deal with L&T

Kreuz Subsea said it has been awarded its most financially significant contract in the company’s history.

It will see the firm mobilise five vessels to deliver subsea completion works for Larsen & Toubro (L&T) from the start of 2018.

The contract, which is worth an undisclosed eight-figure sum, will see Kreuz Subsea supporting L&T to install all riser clamps, risers, crossing works, tie-ins, subsea trenching and hydro-testing of pipelines which are part of the Oil & Natural Gas Corporation’s (ONGC) pipeline replacement project (PRP4) and Daman field development projects off the west coast of India.

The five vessels to be utilised throughout the campaign in the Mumbai High and Daman fields in the Mumbai offshore region, include the DP2 purpose-built SURF vessel, Kreuz Installer, and the diving support and construction work barge, Kreuz Supporter.

Kreuz Subsea chief executive officer, AJ Jain, said: “Securing a contract of this size and with a major company like L&T is a fantastic achievement for the whole team at Kreuz and sets a record in the company’s history.

“The waters of Daman field are known for experiencing very high tidal currents and near zero visibility. Being awarded this work to ultimately support ONGC in the region reaffirms our reputation for providing flexible, safe operations, dedicated and experienced personnel, as well as the ability to pass on great value to our clients.”

Share this article

Follow Subsea World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Subsea Expo Conference

The Subsea Expo Conference runs multiple parallel sessions over three days and attracts a broad range of experts to discuss…

read more >

ACENS 2019

Submission shall pass the double blind paper review first in order to be presented in the conference…

read more >

iXblue Annual User Conference

This one-day event is a golden opportunity for participants to share their experience on the latest technologies…

read more >

European Gas Conference

Alongside our hosts OMV and the largest delegation of Gazprom attendees, the European Gas Conference…

read more >