Larsen & Toubro (L&T) has been awarded a Rs.12,500-million (U.S. $314 million) turnkey fast track project by Oil & Natural Gas Corporation (ONGC), India.
L&T will have single-point responsibility for the complete engineering, procurement, fabrication and installation of the offshore platforms. The project comprises building three smart well platforms, subsea interconnecting pipelines, subsea cables and topside modifications for the Mumbai High South field. It will involve 15,000 tonnes of topside and jackets, 58 kilometers of subsea pipelines and 22 kilometers of subsea cables, in addition to many state-of-the-art facilities. It is to be completed by April 2009.
L&T will carry out the engineering design at its subsidiary L&T Valdel in Bangalore, and fabrication will be carried out at L&T's shore-based manufacturing complex at Hazira near Surat, as well as at the company's large, modern fabrication facility at Sohar in Oman.
This contract was won through a competitive bidding process against international competitors. L&T has a strong track record of timely completion of similar projects for the upstream Oil & Gas sector.
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