Yangon: India’s Larsen & Toubro (L&T) has signed a contract with Petronas Carigali Myanmar (Hong Kong) Limited in Yangon for an offshore engineering, procurement, construction, installation and commissioning project valued at more than $100m.
“The order enlarges L&T’s footprint in the competitive hydrocarbon upstream market in Southeast Asia,” the Indian firm said in a release.
The Yetagun North Field is operated by Petronas Carigali Myanmar (Hong Kong) Limited with Petronas Carigali Myanmar Inc, Myanma Oil and Gas Enterprise, PTTEP International Ltd and JX Nippon Oil Exploration (Myanmar) as its partners. The 19-month project includes supplying an offshore wellhead platform and subsea pipeline to be installed in a water depth of 108 m. The scope also includes host tie-in works on an existing platform in the Yetagun complex. L&T’s facility in Kattupalli on the East Coast of India will undertake the fabrication work for the project.
L&T is a $13.5bn technology, engineering, construction, manufacturing and financial services conglomerate. [31/01/13]
