Larsen & Toubro Hydrocarbon bags Rs 1,000 crore order from domestic firms

Written by PTI | New Delhi | Updated: Jan 16 2014, 21:47pm hrs
Larsen and Toubro shares'Larsen & Toubro Hydrocarbon has won an additional order of Rs 300 cr for construction from leading refinery in India' (AP)
The Larsen & Toubro Hydrocarbon, a unit of Larsen & Toubro Ltd, 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 - Oil & Natural Gas Corpn -Reliance Industries-BGEPIL," Larsen & Toubro 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, Larsen & Toubro Hydrocarbon has also won an additional order of Rs 300 crore for construction from a leading refinery in India," Larsen & Toubro said, without divulging the identity of the client.

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