India’s Larsen & Toubro (L&T) is poised to win a key engineering, procurement and construction contract from India’s state-controlled Oil & Natural Gas Corporation (ONGC) for its Neelam redevelopment and B-173-AC projects off the country’s west coast.

Sources told Upstream that commercial bids for the projects, which also include a new process platform, were opened by ONGC on 7 March and L&T emerged as the lowest bidder.