L&T confirms Neelam win from ONGC
Local player says field development contract from Indian state giant worth around $250 million
Larsen & Toubro has confirmed the award of a field development contract off western India from state giant Oil & Natural Gas Corporation (ONGC).
The contractor beat off competition from a clutch of other hopefuls to land the contract for the Neelam field redevelopment and B-173-AC projects in the Heera-Panna block in the Mumbai Offshore basin.
Upstream reported earlier this month that L&T was expected to be named winner of the deal, having submitted the lowest bid.
L&T confirms Neelam win from ONGC
Local player says field development contract from Indian state giant worth around $250 million