L&T Wins $1.18 Billion Contracts From ONGC For Mumbai High Offshore Projects
Larsen & Toubro Limited (L&T), a technology, engineering, construction and manufacturing company, has won two contracts worth over INR530 billion ($1.18 billion) from Oil and Natural Gas Corporation Limited (ONGC). L&T has secured a turnkey order for the Mumbai High North (MHN) process platform and living quarters project, with an additional order for supply of three process gas compression modules to be installed in the same complex. The projects will be completed within 33 months.
A.M. Naik, chairman and managing director of L&T said: “This contract affirms L&T’s capabilities as a reliable single source to execute critical projects for oil companies and hydrocarbon field development programmes worldwide, through integrated execution of all Engineering, Procurement and Construction activities.”
The MHN Process platform of ONGC will cater to most of the hydrocarbon production from the Mumbai High North field. It will host outgoing gas-lift pipelines and oil export lines. The project will replace the former BHN Platform, and will create additional facilities for gas processing from future platforms. It will have a well-fluid processing capacity of 23,877 barrels of oil per day and 2.56 million standard cubic metres per day of gas.
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