The news confirms a report in Upstream earlier in June that the joint venture had offered the lowest tender.

Leighton Welspun’s Pipeline Replacement Project 3 follows the company’s completion of the Pipeline Replacement Project 2 in 2011, Leighton told the Australian Securities Exchange.

Work on PRP 3 will start immediately and be completed by mid-2014, with the work to cover ONGC’s Mumbai High and Heera Oil and Gas fields off India's west coast.

Much