Leighton to construct offshore pipeline in India
HOCHTIEF subsidiary to construct offshore pipeline in India for over EUR 465 million
Oil and gas transport some 80 kilometers off the coast of Mumbai
Essen, Germany –
Via its Australian subsidiary Leighton, HOCHTIEF has won the contract for engineering and installation of a 200 kilometer long offshore pipeline in India. The pipeline for transporting oil and gas will be constructed 80 kilometer off the coast of Mumbai and represents a volume of more than EUR 465 million (approx. USD 720 million). The client is Oil and Natural Gas Corporation Limited (ONGC), Asia‘s largest oil and gas exploration and production company.
Leighton will carry out the works on the pipeline in three stages between 2009 and 2011. This is the third project of this kind of the HOCHTIEF subsidiary in India: The company already constructed two pipelines for Reliance Industries and Kochi Refineries and has its own marine fleet in the region.