LT Hydrocarbon wins Rs 781-cr contract from ONGC

Larsen & Toubro Hydrocarbon has secured an offshore contract valued at Rs 781 crore from the Oil and Natural Gas Corporation (ONGC). The contract, won against international competitive bidding, encompasses total 'EPCI' - engineering procurement construction and installation - of three wellhead platforms, spread over Heera and South Heera fields of the state-run exploration giant , a company statement said on Thursday.

The project, part of ONGC's strategy to re-develop Heera and South Heera fields off the Mumbai coast 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, the statement said.

L&T has been serving the upstream hydrocarbon sector since the early 1990s. Recently, the engineering and construction conglomerate was awarded another contract from ONGC for three wellhead platforms.

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