BHGE, McDermott, L&T Hydrocarbon Engineering Win Largest Indian Subsea Project for ONGC’s Prestigious 98/2 Block
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
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Source: Business Wire
Companies will provide engineering, procurement, construction, installation and commissioning (EPCIC) for complete subsea scope including subsea production systems and subsea umbilicals, risers and flowlines for 34 wells Combines industry-leading equipment and services for end-to-end project delivery Project will help support India’s energy development and Make in India goals through local manufacturing NEW DELHI--(BUSINESS WIRE)-- Baker Hughes, a GE company (NYSE: BHGE), McDermott International, Inc. (NYSE: MDR) and L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro (NSE: LT), were awarded the subsea contract for India’s Oil & Natural Gas Corporation’s (ONGC) largest deepwater project, the development of block DWN-98/2 in the Krishna Godavari basin. The project brings together leading subsea equipment and services from BHGE, McDer
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