Norwegian engineering and construction group Aker Kvaerner has won an order worth about $400 million for subsea equipment for a gas development off India, the company said on May 9.

The order from Reliance Industries Ltd. "is one of the world's largest subsea contracts ever awarded," Aker Kvaerner said in a statement.

Aker Kvaerner will provide a complete subsea production system for the deepwater development in Block KG-D6, it said.

(www.financialexpress.com)