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L&T gets ONGC contract
MUMBAI: Larsen & Toubro has won a turnkey project order valued at Rs. 1006 crores from the Oil and Natural Gas Corporation (ONGC) for nine new wellhead platforms. The platforms are expected to boost oil output from Mumbai High South by around 2.15 million tonnes per annum and increase gas production by 3.87 million cubic metres per day. L&T will have single point responsibility for the complete engineering, procurement, fabrication and installation of the platforms. Five platforms are to be completed by April 15, 2005 and the balance by February 28, 2006. L&T will also deliver around 30,000 tonnes of Topsides and Jackets for the project. L&T will subcontract engineering for this project to Aker Kvaerner.
Our Staff Correspondent
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