ANI
28 Nov 2022, 12:48 GMT+10
New Delhi [India], November 28 (ANI): The hydrocarbon business of LT has secured two offshore orders with an estimated cost in the range of Rs 1,000-2,500 crore, it said in a regulatory filing to the stock exchanges on Monday.
It has received India's first contract for decommissioning of offshore facilities from British Gas Exploration and Production India (BGEPL, part of Shell Plc Group of Companies).
The contract involves engineering, preparation, removal and transportation of five offshore wellhead platforms and associated facilities at the Tapti field, off India's west coast, which is being operated by the Joint Venture of BGEPL, ONGC, and RIL, the filing said.
Also, LT has secured an order from Oil and Natural Gas Corporation (ONGC) for the balance works of Pipeline Replacement Project-VI Project (PRP-VI). The order involves the laying of approximately 42 km of subsea pipelines and associated subsea works across India's west coast offshore fields of ONGC.
"These order awards are testimony to LT's execution excellence spanning across the entire Hydrocarbon value chain and reinforce its leadership position as a one-stop solution provider," the filing read.
LarsenToubro is an Indian multinational operating in over 50 countries globally. (ANI)Get a daily dose of Scotland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Scotland Star.
More InformationWASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...