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L&T bags large offshore order from ONGC for its Hydrocarbon vertical

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L&T bags large offshore order from ONGC for its Hydrocarbon vertical

The Oil & Natural Gas Corporation (ONGC) has awarded a sizable order to Larsen and Toubro (L&T) for the Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP), which is located off the west coast of India. This announcement was made on Thursday.

It further stated that the engineering, procurement, building, installation, and commissioning of four wellhead platforms, a 140-kilometer pipeline, and related topside improvements at the Tapti Daman block at an offshore site in Western Australia are all included in the scope of work.

“This order demonstrates ONGC’s confidence in L&T forged through execution of multiple complex offshore projects and also reinforces L&T’s commitment to contribute towards India’s energy security,” stated Subramanian Sarma, Whole-time Director & President (Energy), L&T.

The company states that important orders are valued between Rs 5000 crore and Rs 7000 crore, mega orders are valued beyond Rs 7000 crore, and substantial orders are valued between Rs 1000 crore and Rs 2500 crore. Large orders are valued between Rs 2500 crore and Rs 5000 crore.

Multinational corporation L&T is involved in high-tech manufacturing, services, and EPC projects. It is active in more than 50 nations globally.

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