L&T Wins Major ONGC Offshore Contract

India's L&T Hydrocarbon Engineering has won a major contract for work on state-owned ONGC's Bassein gas field, in the Arabian Sea some 80 km offshore Mumbai.

L&T, a wholly-owned subsidiary of Mumbai-based Larsen & Toubro (L&T), said January 5 it signed an engineering, procurement, construction, installation and commissioning (EPCIC) contract from ONGC valued at rupees 14.83bn ($234mn). Scope of the work includes three new wellhead platforms, a 23 km subsea pipeline, composite subsea power cable, clamp-on works on an existing platform and modification work on nine existing platforms in the western offshore basin in India. The project, part of ONGC’s strategy to jointly develop three small and marginal fields/blocks (B-147, BSE-11 and NBP-E) under the 'Bassein Development 3 Well Platform Project', is scheduled to be completed by May 2019.

Separately, Singapore-based contractor Kreuz Subsea said January 9 it had been awarded its most financially significant contract ever - worth an 'undisclosed eight-figure sum' -- by L&T; it will mobilise five vessels to deliver subsea completion works for L&T from early 2018. These will support L&T when it installs riser clamps, risers, crossing works, tie-ins, subsea trenching and hydro-testing of pipelines under ONGC's pipeline replacement project (PRP4) and Daman Field development projects offshore western India. The five vessels will be deployed on the offshore Mumbai High oil and Daman gas fields.