BHGE, McDermott, L&T Land Largest Indian Subsea Development Project

Baker Hughes, a GE company (NYSE: BHGE), McDermott International Inc. (NYSE: MDR) and L&T Hydrocarbon Engineering were awarded on Oct. 3 the subsea contract for India’s Oil & Natural Gas Corp.’s (ONGC) largest deepwater project, the development of block DWN-98/2 in the Krishna Godavari Basin.

The project brings together leading subsea equipment and services from BHGE, McDermott and LTHE to provide ONGC with end-to-end project delivery.