L&T Wins Offshore Rig Refurbishment Contract

L&T has won an important Offshore Rig Refurbishment Contract from Oil & Natural Gas Corporation (ONGC) valued at Rs.376 crores (about US $83 million).

Floating Systems Business Unit (FSBU) has been awarded this project from ONGC through a stiff International Competitive Bidding.

L&T's all weather; ultra modern fabrication facilities at Sohar, Oman and Hazira and engineering offices of L&T-Valdel in Faridabad, Bangalore and Chennai will be supporting this venture, in addition to other L&T work centers. The rig on successful completion will be deployed to assist and augment Offshore Oil & Gas drilling operations in ONGC's Offshore Oil & Gas Fields.

This order is a 'first' from ONGC's Drilling Services Group which reaffirms L&T's capabilities as single point solution provider for the Offshore Oil & Gas Industry.

This contract further affirms L&T's capabilities as a reliable single source to execute critical projects for oil companies and hydrocarbon development programs worldwide.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Junior-Level Mechanical HVAC Design / Energy Audit Engineer
Expertise: HVAC|Mechanical Engineering
Location: San Antonio, TX
Energy Engineer
Expertise: Mechanical Engineering
Location: Gainesville, FL
Electrician Apprentice 1st Year- Hobbs, NM Job
Expertise: Electrician
Location: Hobbs, NM
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours