Larsen & Toubro's hydrocarbon division secures a ₹2,500-5,000 crore contract from ONGC for the Daman Upside Development Project.
Larsen & Toubro's hydrocarbon division has secured a contract from ONGC worth ₹2,500-5,000 crore for the Daman Upside Development Project-Wellhead Platforms and Pipelines (DUDP-WP), off the west coast of India. The contract includes engineering, procurement, construction, installation, and commissioning of four wellhead platforms, a 140-km pipeline, and associated topside modifications at the Tapti Daman block at a Western offshore location. The news sent L&T's shares surging by 2%.
June 13, 2024
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