Larsen Toubro News

(Photo: Subsea 7)

Subsea 7 Scores Contract Off Saudi Arabia

company Subsea 7 revealed it has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI) contracts are awarded in consortium with L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro, under a long-term agreement (LTA) with Saudi Aramco, Subsea 7 said in a press release on Monday.The two workscopes, which will be executed together, consist of EPCI of three oil production deck manifolds and subsea pipelines in the Zuluf field as well as subsea pipelines in the Berri

Pradeep Verma (Photo: Kreuz Subsea)

Kreuz Subsea Strengthens Senior Management Team

. The duo brings more than 50 years of combined oil and gas experience to Kreuz Subsea.   Verma will be responsible for strengthening the company’s position in its core markets of India, Asia Pacific, and the growth of business into the Middle East market.   He joins the business from Larsen & Toubro Ltd where he was most recently in the position of head of business development – offshore. Prior to this, Verma was regional proposals and commercial head at McDermott International where he was responsible for business development and project acquisitions across the South East

Kreuz Installer (Photo: Kreuz Subsea)

Kreuz Subsea Wins 5-vessel Contract in India

Subsea services provider Kreuz Subsea said it has been awarded a contract to deliver subsea completion work for Indian multi-national conglomerate, Larsen & Toubro (L&T) from the start of 2018.   The contract, worth an undisclosed eight-figure sum, will see Kreuz Subsea support L&T to install all riser clamps, risers, crossing works, tie-ins, subsea trenching and hydro-testing of pipelines which are part of the Oil & Natural Gas Corporation’s (ONGC) Pipeline Replacement Project (PRP4) and Daman Field development projects off the west coast of India.    The five

Photo: Emas Chiyoda Subsea Ltd

Emas Chiyoda Subsea Files for Bankruptcy

of its investment in Emas Chiyoda.   Oilfield service firms have been turning to bankruptcy to shed debt and raise cash after years of hunkering down after energy prices tumbled from the recent peak in 2014.   Emas Chiyoda's bankruptcy comes eight months after it teamed up with India's Larsen & Toubro Ltd to land a $1.6 billion contract with Saudi Aramco, Saudi Arabia's state-owned oil company, to expand the offshore Hasbah gas field.   Onshore work has begun and the offshore phase of the Hasbah project will begin later this year, said Emas Chiyoda's general counsel, Stephen

Photo: Bibby Offshore Singapore

BOS Delivers Subsea Projects to Asia Pacific

appointed to perform ROV pipeline inspection, remedial and project management work for companies including Moattama Gas Transportation Company (MGTC) offshore Myanmar, and Singapore based Seascape, a Mermaid Subsea Services company. Most recently, in April 2015 BOS completed work for Indian-based Larsen & Toubro, a major technology, engineering, construction, manufacturing and financial services company that appointed BOS to perform ROV inspection work on its Yetagun D Platform offshore Myanmar. The project involved a cathodic protection survey, anode survey and flooded member inspection in

Image: Cochin Shipyard Ltd.

Cochin Shipyard in Pact with Samsung Heavy Industries

her visit to South Korea in December last.   However, with this, Cochin Shipyard becomes the second local yard to secure a technology tie-up for LNG ships from one of the three top shipbuilders in South Korea, the world’s top shipbuilding nation.   L&T Shipbuilding Ltd, a unit of Larsen & Toubro Ltd, has signed a non-disclosure agreement with South Korea’s Hyundai Heavy Industries Co. Ltd to collaborate on building LNG carriers.  

Happy Sky (Photo: BifLift Shipping)

BigLift Shipping Welcomes Happy Sky

many years. At the same time of the name-giving ceremony, Huisman China has inaugurated its new 380-meter-long quay side including the 2,400 mt travelling quay side crane Sky Hook.   Happy Sky is the latest addition to BigLift Shipping’s fleet of Heavy Lift Vessels. She was built by Larsen & Toubro in India. She features two 900 mt Heavy Lift Mast Cranes built by Huisman and commissioned at Huisman China’s. In a response to market demands, the crane pedestals are now four meters higher than in the original plans, giving the vessel a lifting height unmatched in the world

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