Published On:March 17 2010
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L&T bags Rs 1,000 crore project from ONGC
Oil & Natural Gas Corporation (ONGC) has awarded a Rs.1013 crore Turnkey Project to Larsen & Toubro (L&T) for 4 well platforms for Phase II of Mumbai High North (MHN) Re-development Project.
The Mumbai High field is in production since 1974 and ONGC is in the process of augmenting production through latest hydrocarbon lift techniques and improved reservoir recovery.
Each of these platforms will have 12 slots with remote well testing and monitoring facilities from NQ/MHN process complex.
L&T will have single point responsibility for the complete engineering, procurement, fabrication & installation of these platforms with total in-house capabilities. This will involve 23000 tonnes of Jackets & Topsides equipped with wind turbine system and hybrid power system in addition to many state of the art facilities.
L&T bagged this prestigious order through an International Competitive Bidding Process.
L&T will carry out engineering at their wholly owned subsidiary L&T Valdel at Bangalore, Chennai and Faridabad and fabrication will be carried out at L&T’s world class fabrication facilities at Hazira near Surat and at Sohar in Oman.