L&T Hydrocarbon bags Rs 1,000 crore order from domestic firms

L&T Hydrocarbon, a unit of Larsen and Tubro (L&T), has secured a Rs 1,000 crore order from oil and gas firms including a Rs 700 crore order from BG Exploration and Production India.

"The (BGEPIL) contract, won against international competitive bidding, encompasses total engineering procurement, construction and installation of one wellhead platform and sub-sea pipe laying spread over the Panna- Mukta fields of joint venture - ONGC-RIL-BGEPIL," L&T said in a statement today.

The scope of the project, scheduled to be completed by March, 2015, also includes installation of piggy back pipeline on the in-field pipeline from an existing PPA host complex, it said.

"In the onshore sector, L&T Hydrocarbon has also won an additional order of Rs 300 crore for construction from a leading refinery in India," L&T said, without divulging the identity of the client.

L&T Hydrocarbon provides complete design-to-build engineering and construction solutions for the oil and gas sector.

EDITORIAL OF THE DAY

  • Reservations, along with economic subsidies, must go to get India moving

    A young man, in his early twenties, starts an agitation demanding reservation for the community he represents.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

The China story isn’t over yet

China’s financial markets are currently in the eye of a ...

Anuja Sharma

Love yourself to love others

“There are two basic motivating forces: fear and love. When ...

Gautam Gupta

It's a 'blog eat blog' world out there

Let me tell you, fashion journalism has truly taken the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture