Indian engineering conglomerate Larsen & Toubro (L&T) has landed a significant contract with state-owned Oil & Natural Gas Corporation (ONGC) for work on the eighth phase of its pipeline replacement project.
The order worth between $120m and $300m involves engineering, procurement, construction, installation and commissioning (EPCIC) of 129-km subsea pipelines and associated modification works across India’s west coast offshore fields of the ONGC.
ONGC operates some of the largest oil and gas fields in India’s western offshore which are maturing and need investment to further enhance production. L&T was also put in charge of the seventh development phase of pipeline replacement projects across ONGC’s Mumbai High, Neelam Heera and Bassein and satellite assets.
“This order reflects ONGC’s continued confidence in L&T, and this emanates from our track record of successfully delivering complex offshore projects,” said Subramanian Sarma, director and president of energy at L&T.