L&T Hydrocarbon bags ONGC contract

Larsen & Toubro has secured an offshore contract valued at Rs 781 crore for three wellhead platforms from ONGC. The contract, won against international competitive bidding, includes total engineering procurement construction and installation of three wellhead platforms, spread over Heera and South Heera fields of the ONGC. The project, part of ONGC’s strategy to re-develop Heera and South Heera fields to meet India’s rising energy demands, is scheduled to be completed by April 2014. These un-manned wellhead platforms will be connected with the nearby Heera process complex by subsea cables for remote operation. L&T has been serving the upstream hydrocarbon sector since the early 1990s. Recently, L&T was awarded another contract from ONGC for B-127 Cluster three wellhead platforms project. These contracts reiterate the long term association of ONGC with L&T in the development of offshore fields in India. The company’s offshore track record includes successful completion of several challenging projects for domestic and international clients.