Larsen & Toubro bagged an order worth Rs.1,130
crore from Maersk Oil for its Block 5 development in Qatar, consisting of two
new offshore platform top-sides, a flare platform and interconnecting bridge.
The Block 5 (Package 14) project consists mainly
of two 2,300 tonne topsides with facilities for oil production and export and is
scheduled for completion within 28 months. This is one of the company's largest
overseas project order.
L&T is also building its own 3,000 tonne heavy
lift pipelay vessel to be completed by 2008, which will further increase its
value addition and capability for such projects. This particular order for
Maersk will be executed by the company in alliance with its project partners
Aker Kvaerner and Seaway Heavy Lifting of the Netherlands, acting as
subcontractors.