Larsen & Toubro Ltd and its consortium partner, the US-based Global Industries Offshore, have won a Rs 1,864 crore (Rs 18.64 billion) order from Oil & Natural Gas Corporation to replace pipelines and modify platforms at Bombay High, off western offshore.
As the consortium leader, L&T will execute jobs worth around Rs 930 crore (Rs 9.3 billion) which include all the engineering, procurement, onshore fabrication, and offshore modification of platforms.
Global Industries Offshore will install offshore pipelines and risers. About 45 per cent of the work will be completed by April 2006, which involves replacement of old submarine pipelines and laying of new pipelines, in 40 segments aggregating to 185 km in three years.
Associated modifications are also to be carried on 78 existing well and process platforms, according to a press release. These pipelines and platforms were originally installed by ONGC in the last 30 years.
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