GE signed a memorandum of understanding (MOU) with L&T Hydrocarbon Engineering Ltd. (LTHE), a wholly-owned unit of Larsen & Toubro (L&T), to jointly manufacture subsea manifolds for deepwater projects in the Krishna-Godvari basin on the east coast of India.
The partnership, which taps on the manufacturing and technological excellence of two firms in the oil and gas space and marks India’s entrance into local subsea equipment manufacturing, has selected L&T's modular fabrication facility in Tamil Nadu as the production site.
GE said the facility, spread over an area of 148.2 acres (600,000 square meters), has an annual production capacity of 50,000 metric tons. The plant is equipped with advanced welding and fabrication capabilities along with a 492 foot (150 meter) -long jetty, making it an ideal location to manufacture advanced hardware for the seabed.
"GE continues to grow its widespread manufacturing footprint in India and this latest collaboration will continue our contributions towards Make in India. Our strategic partnership with L&T has opened new avenues for us to manufacture highly advanced equipment to serve the needs of India’s oil and gas sector as well as the broader, global industry," GE Oil & Gas, South Asia CEO Ashish Bhandari said in the press release.
On his part, LTHE CEO and Managing Director Subramanian Sarma said that associating with GE will help L&T broadens its offering in the deepwater space and provide a compelling value proposition to its customers.
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