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L&T has won a USD 52.5
million contract from Bunduq Company Limited of UAE for a
process platform in an oil field in the Gulf. L&T will engineer,
procure, construct, and install the platform in the El Bunduq
field near the boundary between UAE and Qatar. The platform,
with facilities for compressing and injecting gas, will be
completed in 18 months.
L&T is the only Indian company
with the capability to execute such large and complex platform
projects on a total turnkey basis in foreign oil and gas fields.
The Bunduq order was won against stiff international competition,
in a closely contested bidding and evaluation process.
The expertise gained through L&T's experience in large-scale
offshore projects in India and abroad will be brought to bear
for the successful execution of this prestigious contract.
This award follows other
contracts secured by L&T in UAE, Qatar, Tanzania, Kuwait,
Sri Lanka and Oman.
Platform Details:
The composite single deck Gas Injection Platform will be 'bridge
linked' to an existing Gas Sweetening Platform. The 1900-metric-tonne
topside will house all the 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.
About Bunduq: Bunduq
Company Limited, a company incorporated in Abu Dhabi, is jointly
held by United Petroleum Development Company (33.3%), BP Exploration
(33.3%), and TotalFinaElf (33.3%). The field operator is United
Petroleum Development Company, Japan. The royalties of production
are shared between the governments of Qatar and UAE. Qatar
and UAE have representation in the company's management through
nominees from Abu Dhabi National Oil Company (ADNOC) and Qatar
Petroleum (QP).
Bunduq Company Limited's
objectives for the implementation of the project are to comply
with the 'policy of near zero flaring' and to improve the
reservoir performance by re-injection of the produced gas
into the reservoir.
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