Oil & Natural Gas Corp. (ONGC) has awarded Larsen & Toubro subsidiary L&T Hydrocarbon Engineering Ltd. (LTHE) an engineering, procurement, construction, installation and commissioning contract for the Neelam Re-Development & B173AC project, according to a news release.
The scope of the contract, valued at $245 million, includes one new process platform with gas processing and compression facilities, three new wellhead platforms, a 32-km pipeline, clamp-on on three existing platforms and modification work on eight existing platforms in the Neelam Field offshore India, the release said.
The project, which is part of ONGC’s strategy to enhance the field life and increase recovery of Neelam Field, is scheduled to be completed by April 2019. Incremental gain from the field after implementation of project till 2034 to 2035 is estimated at 2.76 million tons of crude oil and 4.786 billion cubic meters of gas, the release said.
The field is located in the Heera-Panna Block in Mumbai Offshore, about 45 km southwest of Mumbai.
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