L&T’s Hydrocarbon business
has received orders for ONGC’s Pipeline Replacement Project-X (PRP-X) and a
Wellhead Platforms project. The company classified the combined order value in
the ₹5,000 crore to ₹10,000 crore range.
Under PRP-X, L&T will undertake engineering, procurement,
construction, installation and commissioning (EPCIC) of multiple subsea
pipeline segments, along with associated modification works across ONGC’s
offshore fields. The second work order
covers the EPCIC of four wellhead platforms, adding to L&T’s growing
portfolio of offshore engineering and construction projects. L&T has not disclosed the exact
financial value of the contracts, but categorised the order as a “major”
project, which under the company’s classification represents an order value
between ₹5,000 crore and ₹10,000 crore. The ONGC contracts come just days after
L&T secured an ultra-mega offshore contract from ADNOC Offshore in the
Middle East. That project, valued at more than ₹15,000 crore, was classified as
an ultra-mega order—the highest category under L&T’s project classification
system.
The latest ONGC awards
highlight continued investment in India’s offshore oil and gas infrastructure
and reinforce L&T’s role as a key engineering and EPC contractor for
large-scale energy projects.