L&T Hydrocarbon wins cryogenic storage tank contract
L&T Hydrocarbon Engineering Limited (LTHE), a subsidiary of Larsen & Toubro Limited, has secured a number of new orders in the offshore and onshore sectors worth Rs 1920 crore from domestic oil and gas majors.
The offshore contract from ONGC, valued at RS 1340 crore, includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High North field. The project is part of ONGC’s strategy to redevelop Phase III of the field to enhance production from existing reservoirs.
Cryogenic storage tank
In the onshore sector, LTHE has secured a contract valued at approximately Rs 580 crore from a leading company engaged in hydrocarbon downstream processing. LTHE will carry out the engineering, procurement and construction of a dual service cryogenic storage tank facility, suitable for liquid ethane and LNG, as well as engineering work for the balance of facilities to be installed at the client’s manufacturing complex.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08092014/lthe-wins-cryogenic-storage-tank-construction-contract-1358/
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