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Business News/ Companies / News/  L&T subsidiary secures contract to develop ONGC’s 350 km sub-sea pipelines
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L&T subsidiary secures contract to develop ONGC’s 350 km sub-sea pipelines

The contract involves engineering, procurement, construction, installation and commissioning of sub-sea pipelines and related offshore works as part of ONGC’s seventh development phase of its Pipeline Replacement Projects

L&T secures offshore work order from ONGC. (Photo: Reuters)Premium
L&T secures offshore work order from ONGC. (Photo: Reuters)

NEW DELHI: L&T Hydrocarbon Engineering, a subsidiary of engineering major Larsen & Toubro, has secured an order valued between 2,500 crore and 5,000 crore to develop ONGC’s 350 km sub-sea pipelines in India’s west coast.

The contract involves engineering, procurement, construction, installation and commissioning of the sub-sea pipelines and related offshore works as part of ONGC’s seventh development phase of its Pipeline Replacement Projects.

“The EPCIC contract involves Engineering, Procurement, Construction, Installation and Commissioning of ~ 350 kms sub-sea pipelines and related offshore works spread out across India’s west coast offshore fields of ONGC," L&T said

Organised under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, L&T Hydrocarbon Engineering offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers, L&T said in a statement. 

L&T shares traded 1.2% higher at 1,933.85 apiece on the BSE.

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Published: 28 Jan 2022, 01:07 PM IST
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