Oil/Gas Engineering L&T Hydrocarbon Wins New Contracts for Oilfield Engineering
L&T Hydrocarbon Engineering Limited (LTHE) has secured new orders worth Rs 19.2 billion (€ 244 million) in the offshore and onshore segments from domestic oil and gas majors. An offshore contract valued at Rs 13,4 billion (€ 170 million) from the Oil & Natural Gas Corporation (ONGC) includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High North field of ONGC.
Mumbai/India – The project, part of ONGC’s strategy to re-develop Phase-III of Mumbai High North field to enhance production from existing reservoirs, is scheduled to be completed by March, 2016. In the onshore segment, LTHE has secured a contract valued at approximately Rs 580 crore from a leading company engaged in hydrocarbon downstream processing. LTHE will carry out engineering, procurement and construction of a dual service cryogenic storage tank facility, suitable for liquid ethane and liquefied natural gas and engineering work for the balance of the facilities to be installed at the client’s manufacturing complex.