L& T Hydrocarbon wins orders worth Rs. 1,920 cr.

L& T Hydrocarbon Engineering, a fully-owned subsidiary of L&T, has secured orders worth Rs. 1,920 crore from domestic oil and gas majors. An offshore contract worth Rs. 1,340 crore from Oil & Natural Gas Corporation (ONGC), includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High North field. The project, a part of ONGC's strategy to re-develop Phase-III of Mumbai High North to enhance production from the existing reservoirs, is scheduled for completion by March 2016. In the onshore segment, it has secured a contract valued at about Rs. 580 crore from a leading company engaged in hydrocarbon downstream processing. The contract involves engineering, procurement and construction of a dual service cryogenic storage tank facility suitable for liquid ethane and liquefied natural gas and engineering work for the balance of the facilities to be installed at the manufacturing complex.