L&T & GE Join Hands for Subsea Equipment Manufacturing
GE has signed a Memorandum of Understanding with L&T Hydrocarbon Engineering Limited, a wholly owned subsidiary of Larsen & Toubro for manufacturing subsea manifolds for deep water projects in the Krishna-Godavari basin.
MUMBAI, 11 AUGUST 2016: “GE continues to grow its widespread manufacturing footprint in India and this latest collaboration will continue our contributions towards Make in India. Our strategic partnership with L&T has opened new avenues for us to manufacture highly advanced equipment to serve the needs of India’s oil and gas sector as well as the broader, global industry,” Ashish Bhandari, chief executive officer, GE Oil & Gas, South Asia.
In addition to this MoU, L&T Infotech has also joined the GE Digital Alliance Program, with the organizations collaborating to develop innovative digital industrial solutions powered by GE’s Predix operating system for the Industrial Internet.
Both the companies will work together to leverage analytics and real-time insights to enhance competitiveness and transform the way companies manage their assets and workforce.
Spread over an area of 600,000 sq metre and an annual capacity of 50,000 MT, L&T’s modular fabrication facility in Tamil Nadu will be used for the production.
The plant is equipped with advanced welding and fabrication capabilities along with 150 metre jetty, making it an ideal location to manufacture advanced hardware for seabed.