Major Contract for Kreuz Subsea
Kreuz Subsea has announced it has been awarded its most financially significant contract in the company’s history. It will deliver subsea completion works for Larsen & Toubro (L&T) from the start of 2018.
Kreuz Subsea will 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 vessels to be utilised throughout the campaign include the DP2 purpose-built SURF vessel, Kreuz Installer, and the diving support and construction work barge, Kreuz Supporter.
Kreuz Subsea Chief Executive Officer, AJ Jain, says: “Securing a contract of this size and with a major company like L&T is a fantastic achievement for the whole team at Kreuz and sets a record in the company’s history.”