Cairn oil, Production company

The hydrocarbon business of Larsen and Toubro has secured two "significant" orders for its asset management and AdVENT business verticals. According to a company statement, "significant" project means those costing between Rs 1,000 crore and Rs 2,500 crore.New business vertical for operations and maintenance Larsen and Toubro Energy Hydrocarbon for Asset Management has secured its first integrated O and M contract from Vedanta, Cairn Oil and Gas division. This five-year contract is for integrated O and M of upstream oil and gas processing facility at Raageshwari Gas Terminal, and associated gas well pads and South satellite fields, located in Rajasthan, India, according to the statement.Further, the AdVENT business vertical has received an order for the engineering, procurement and construction (EPC) of a hydrogen generation unit (HGU) from Matheson Tri Gas, a subsidiary of Nippon Sanso Holdings Corporation (NSHD).The company statement added Matheson's Global HYCO business group secured the order for this HGU from Numaligarh refinery in Assam, on a build-own-operate (BOO) basis for 20 years with Topsoe, Denmark, as the overall process licensor for the unit.The HGU with a capacity of 95 (kilo tonnes per annum) KTPA, is an integral part of the Numaligarh Refinery Expansion Project (NREP), to expand the current refining capacity from 3 to 9 million metric tonnes per annum (MMTPA), the company said.The EPC work of the project will be executed by L and T, under a stringent timeline of 30 months, according to the statement.Larsen and Toubro Whole-Time Director and Senior Executive Vice President (Energy) Subramanian Sarma, "These orders reaffirm L and T's execution prowess across the hydrocarbon value chain and leadership as a one-stop solution provider which is translating into growing partnerships with global oil and gas majors. These will go a long way in growing the Indian energy sector and reduce our dependence on imports."Asset Management and Advanced Value Engineering and Technology (AdVENT) verticals offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Maharashtra Assembly Election 2024

IND vs NZ

PM Narendra Modi

Diwali 2024

Maharashtra Weather Update

Cairn Oil, NewsFOLLOW

Cairn oil, Latest News

Business :Cairn Oil commences gas flow from its Hazarigaon field in Assam

Guwahati (Assam) [India], April 22 : Cairn Oil and Gas, a unit of Vedanta Limited, has said it commenced ... ...

Business :Faridoon Shahryar, Syed Ahmad Afzal and Anjala Jamal's "Kharaashon Ka Guldasta", a nazm by Poet Shahryar to release on 3rd March by 3rd Pole Originals

3rd Pole Originals is a Record Label founded by the brother-sister duo of Syed Ahmad Afzal and Anjala Jamal, under their London-based Production Company, Dilliwalah Films UK Ltd. and they are coming out with their first offering "Kharaashon ka Guldas ...

Business :L-T wins 2 orders for its hydrocarbon business

The hydrocarbon business of Larsen and Toubro has secured two "significant" orders for its asset management and AdVENT business ... ...