L&T picks up ONGC EPCIC deal

Larson & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has won an engineering, procurement, construction, installation and commissioning (EPCIC) contract with India's Oil & National Gas Corp. (ONGC) for work in the country's western offshore basin.

The contract is for work on the Bassein development three well platform and pipeline project worth about US$229 million (₹ 1,483 crores). 

The scope includes three new wellhead platforms, 23km of 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. 

The project, part of ONGC’s strategy to jointly develop three small and marginal fields/blocks namely B-147, BSE-11 and NBP-E under "Bassein Development 3 Well Platform Project," is due to be completed by May 2019.

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