L&T secures substantial offshore contract from ONGC
OIL & GAS

L&T secures substantial offshore contract from ONGC

Engineering and construction conglomerate Larsen & Toubro (L&T) announced on Thursday that it has secured a significant order from the state-owned Oil and Natural Gas Corporation (ONGC). This order, classified as 'large' by L&T, indicates a contract value between Rs 25 billion and Rs 50 billion, highlighting the substantial scale and importance of the project.

L&T explained that its Hydrocarbon vertical, known as L&T Energy, has been awarded this order for the Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP). This project is situated off the west coast of India, a strategic location for oil and natural gas extraction.

The Daman Upside Development Project involves the construction and installation of wellhead platforms and associated pipelines, which are crucial components for the efficient extraction and transport of hydrocarbons. This development is expected to bolster ONGC's production capabilities and contribute significantly to India's energy sector.

L&T's successful acquisition of this order underscores its robust capabilities in executing large-scale engineering and construction projects, particularly in the energy sector. The company's extensive experience and technical expertise position it as a key player in supporting India's infrastructure and energy development goals.

Engineering and construction conglomerate Larsen & Toubro (L&T) announced on Thursday that it has secured a significant order from the state-owned Oil and Natural Gas Corporation (ONGC). This order, classified as 'large' by L&T, indicates a contract value between Rs 25 billion and Rs 50 billion, highlighting the substantial scale and importance of the project. L&T explained that its Hydrocarbon vertical, known as L&T Energy, has been awarded this order for the Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP). This project is situated off the west coast of India, a strategic location for oil and natural gas extraction. The Daman Upside Development Project involves the construction and installation of wellhead platforms and associated pipelines, which are crucial components for the efficient extraction and transport of hydrocarbons. This development is expected to bolster ONGC's production capabilities and contribute significantly to India's energy sector. L&T's successful acquisition of this order underscores its robust capabilities in executing large-scale engineering and construction projects, particularly in the energy sector. The company's extensive experience and technical expertise position it as a key player in supporting India's infrastructure and energy development goals.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code