L&T’s hydrocarbon engineering arm and McDermott have signed a long term agreement for subsea projects in deepwater segment in the east coast of India.

L&T has said in a regulatory filing that L&T Hydrocarbon Engineering Ltd (LTHE) has inked the agreement with McDermott to develop a cost-effective approach at the L&T subsidiary’s Kattupalli facility near Chennai.

According to the filing the pact will be used for fabrication and setting up of a local spool base in India.

The versatile fleet and combination of reel lay and S lay methods for laying of subsea pipelines will be by McDermott, it said.

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