Financial Daily from THE HINDU group of publications
Tuesday, Nov 08, 2005
Financial Daily from THE HINDU group of publications Tuesday, Nov 08, 2005 |
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Corporate
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Announcements L&T giant platform sets sail for Abu Dhabi from Hazira Our Bureau
Mumbai , Nov. 7 LARSEN & Toubro (L&T) set sail a giant gas injection platform for the Bunduq Company in Abu Dhabi from its Hazira facility. According to the company, this is among the heaviest single module (at 2,400 tonnes) to be loaded out from a facility in India. L&T had bagged this $52.5 million EPC (Engineer, Procure and Construct) contract in July 2004. By January 15, 2006, L&T is scheduled to install the platform in the El Bunduq field near the maritime boundary between UAE and Qatar, said the news release. Mr K. Venkataramanan, President - Engineering & Construction Division and Member of the Board, said, "The successful, on-time execution of the on-shore phase of the massive platform project affirms L&T's capabilities in undertaking such giant oil projects for international markets. It is part of L&T's strategic drive to expand its focus beyond Indian shores and establish itself in the prime markets of the Middle East and Africa." The GIP platform, with facilities for compressing and injecting gas, is a composite single deck type that will be `bridge linked' to an existing Gas Sweetening Platform. It will house an array of equipment, viz., the associated gas and acid gas compressor modules, glycol dehydration package, instrument air and nitrogen package, pedestal crane, switchgear and control rooms and other miscellaneous facilities for maintenance and operation of the plant and equipment.
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