Punj Lloyd has secured an EPC contract of offsite pipelines from state-run oil company Saudi Aramco for its Yanbu Export Refinery Project (now called Red Sea Refining Company). The contract is likely to be executed over a period of 36 months.
This is the company’s first major pipeline project in Saudi Arabia and will be a foundation stone for exploring more opportunities in the sector. Saudi Aramco is a fully-integrated global petroleum company and a leading player in the oil and gas exploration and producing sector. The company manages the largest proven reserves of conventional crude oil and the fourth largest gas reserves in the world.
The Red Sea refinery, once operational, will process 400,000 barrels per day (bpd) of Arabian heavy crude and produce 90,000 bpd of gasoline and 263,000 bpd of ultra low sulfur diesel.crackcrack
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: