Larsen & Toubro (L&T) has won a critical offshore platform contract from Gujarat State Petroleum Corporation (GSPC) valued at Rs. 1060 crore (US$ 235 million). GSPC awarded this project to L&T over the claims of other bidders in order to accelerate production of first oil/gas by 2012 from its technically challenging KG Basin, off the East Coast of India.
With one of the severest pressures and highest temperatures in the world, the KG basin project is a major acknowledgement of L&Ts capability to meet such challenging needs on a turnkey basis. Besides the use of exotic materials to cater to demanding requirements, L&T will be responsible for several novel aspects in the survey, engineering, procurement, fabrication and installation of the wellhead platform. Upon final commissioning, the facilities will add about 6 million standard cubic metres of hydrocarbon gas per day to Indias energy production.
L&T has been serving the upstream hydrocarbon sector since early 90s and successfully executed several demanding and prestigious offshore projects for ONGC and international clients. This order is a first on the difficult East Coast and from a discerning new client like GSPC. L&Ts upcoming manufacturing facilities at Kattupalli near Ennore and L&T Valdel engineering office in Chennai will be leveraged to support the execution, in addition to other L&T work centres. This contract affirms L&Ts capabilities as a reliable single source to execute critical projects for oil companies and hydrocarbon development programmes worldwide.
Source :www.biginfotech.in
With one of the severest pressures and highest temperatures in the world, the KG basin project is a major acknowledgement of L&Ts capability to meet such challenging needs on a turnkey basis. Besides the use of exotic materials to cater to demanding requirements, L&T will be responsible for several novel aspects in the survey, engineering, procurement, fabrication and installation of the wellhead platform. Upon final commissioning, the facilities will add about 6 million standard cubic metres of hydrocarbon gas per day to Indias energy production.
L&T has been serving the upstream hydrocarbon sector since early 90s and successfully executed several demanding and prestigious offshore projects for ONGC and international clients. This order is a first on the difficult East Coast and from a discerning new client like GSPC. L&Ts upcoming manufacturing facilities at Kattupalli near Ennore and L&T Valdel engineering office in Chennai will be leveraged to support the execution, in addition to other L&T work centres. This contract affirms L&Ts capabilities as a reliable single source to execute critical projects for oil companies and hydrocarbon development programmes worldwide.
Source :www.biginfotech.in
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