ET reported that Engineering, procurement and construction company Punj Lloyd Group said it has bagged INR 469 crore order from state run ONGC for laying a submarine pipeline in the Mumbai High oil and gas field in the Western Offshore.

Punj Lloyd said in a filing to the BSE that “The project, worth INR 469 crore, is scheduled for commissioning in May, 2013.”

The scope of work involves survey, design, engineering, procurement, fabrication and installation of 122 kilometer of submarine pipeline, among other objectives.

Mr PK Gupta director of Punj Lloyd said “We are happy to receive this repeat contract from ONGC. With our expertise of both offshore pipelines and platforms, coupled with our self owned pipe laying barges, we are confident of delivering this project to our clients' satisfaction.”

The project is a part of ONGC's efforts to develop the WO-16 cluster field, located South-East of the SH complex in the Mumbai High Field in water depths of 75-80 metres.

(Sourced from ET)