Larsen & Toubro secures major pipeline project from ONGC
Larsen & Toubro (L&T), through its L&T Energy Hydrocarbon (LTEH) vertical, has successfully clinched a significant contract valued between Rs 1,000 to 2,500 crores from Oil & Natural Gas Corporation (ONGC). This contract is for the eighth phase of the Pipeline Replacement Project (PRP-VIII Group B) off the west coast of India.
The contract encompasses the engineering, procurement, construction, installation, and commissioning (EPCIC) of 129 kilometers of subsea pipelines, along with associated modification works across the offshore fields of ONGC on India’s west coast. This project underlines L&T’s capacity to handle complex and demanding engineering tasks in challenging marine environments.
Mr. Subramanian Sarma, Whole-time Director & President – Energy at L&T, remarked on the order: “This order reflects ONGC’s continued confidence in L&T, and this emanates from our track record of successfully delivering complex offshore projects. This order further demonstrates L&T’s unwavering commitment to India’s energy requirement.” This statement highlights the strategic importance of the project, not just for L&T but also in terms of national energy security and infrastructure development.
L&T Energy Hydrocarbon offers integrated design-to-build solutions across the hydrocarbon sector. Organized under multiple business groups including Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), and Offshore Wind Farm Business Groups, LTEH has over three decades of experience. The company is renowned for its excellence in project management, corporate governance, quality, health safety environment (HSE), and operational excellence, setting global benchmarks in the industry.
The successful execution of this project could significantly enhance L&T’s reputation as a leader in offshore engineering projects, potentially leading to more such projects in the future. It also reinforces the capabilities of Indian engineering firms on the global stage, particularly in the specialized sector of hydrocarbon extraction and management.