L&T Hydrocarbon Engg Bags Rs 1,150-Cr Mandate From ONGC

L&T Hydrocarbon Engg Bags Rs 1,150-Cr Mandate From ONGC

L&T Hydrocarbon Engineering has secured a Rs 1,150-crore contract from ONGC pertaining to a Daman Development project.

“L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro, has bagged an offshore contract for the Transportation and Installation – Daman Development project from Oil and Natural Gas Corporation (ONGC) valued at approximately Rs 1,150 crore (USD 177 million),” Larsen and Toubro stated in a BSE filing today.

The project, part of ONGC’s strategy to extract gas from the Daman field, is located in the south-western part of Tapti – Daman block in the Mumbai offshore. Read More…

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