Sunday, May 14, 2023

ONGC scraps bids for flagship Daman gas field development over cost concerns

Engineering and fabrication contractor Larsen & Toubro (L&T) emerged as the lowest bidder when the bids were opened in December last year. It quoted a cost of USD 663.77 million to build the infrastructure needed to ramp up production from the field that lies about 60 kilometers off the west coast.

from Energy-Industry-Economic Times https://ift.tt/8fetJ5W

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