The Oil and Natural Gas Corporation (ONGC) has given McDermott a sizable transportation and installation contract for the KG-DWN-98/2 development project.

McDermott will carry out the moving and setup of a living quarters and central processing platform (CPP) as part of the contract. 

Wet gas will be processed by the CPP after it is installed, and it will then be transported from the platform to an onshore terminal.

"This award demonstrates McDermott's track record of executing fast track projects of this nature," said Mahesh Swaminathan, McDermott's Senior Vice President, Subsea and Floating Facilities.

"It not only builds on the successes of our ongoing work for the KG-DWN-98/2 project but stands as a testament to our strong working relationship with ONGC. We are confident that our collaborative approach will continue to position us well for the successful delivery of this next stage of this important project for India," Mahesh said.