Trade Resources Company News Larsen & Toubro Hydrocarbon Has Secured an Offshore Contract Valued at INR 781 Crore

Larsen & Toubro Hydrocarbon Has Secured an Offshore Contract Valued at INR 781 Crore

PTI reported that Larsen & Toubro Hydrocarbon has secured an offshore contract valued at INR 781 crore from Oil and Natural Gas Corporation.

A company statement said that the contract, won against international competitive bidding, encompasses total EPCI Engineering Procurement Construction & Installation of three wellhead platforms, spread over Heera and South Heera fields of the state run exploration giant.

The project, part of ONGC’s strategy to re develop Heera and South Heera fields off Mumbai coast to meet India’s rising energy demands is scheduled to be completed by April 2014.

Source: http://www.steelguru.com/indian_news/LandT_Hydrocarbon_gets_INR_71_crore_order_from_ONGC/296786.html
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L&T Hydrocarbon Gets INR 71 Crore Order From ONGC
Topics: Metallurgy