L&T Secures Large Offshore Order from ONGC for Ratna-I Project
Larsen & Toubro (L&T) through its subsidiary L&T Energy Hydrocarbon Offshore (LTEH Offshore) has announced securing a significant offshore order from Oil & Natural Gas Corporation (ONGC). The contract is for the Additional Development of Ratna–I (ADR I) and NLM-14 project located off India's west coast. The scope of work includes EPCIC (engineering, procurement, construction, installation, and commissioning) for new well-head platforms, a riser platform, subsea pipelines and cables, and modifications to existing offshore installations. This project aims to boost production and support ONGC's ongoing development of its offshore assets in the region. L&T highlighted its extensive experience in offshore EPCIC solutions.
Key Highlights
- L&T's offshore arm wins a large order from ONGC for the Ratna-I project.
- The project involves EPCIC for new platforms, pipelines, and brownfield modifications.
- The win signifies continued investment in India's offshore energy infrastructure.
- LTEH Offshore leverages its integrated EPCIC capabilities for the project.
Price Impact
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