Larsen & Toubro has bagged orders worth $889 million in the hydrocarbon sector from the UAE and Thailand. The present order book for the hydrocarbon segment was around Rs 18,000 crore, inclusive of the current orders. Overseas orders total to Rs 4,000 crore
Two orders cumulatively worth $639 million are from the UAE. One is from the Abu Dhabi Gas Industries for its Habshan-Ruwais-Shuweihat gas pipeline project valued at $189 million. This contract involves engineering, procurement and commissioning 123 km of pipelines. L&T is currently executing many pipeline projects in GCC countries for clients such as ADCO and Qatar Petroleum.The second order for $450 million is an EPC contract awarded to L&T Hydrocarbon's Upstream Business Group, from ADMA-OPCO, a subsidiary of ADNOC and a major producer of oil & gas in the UAE. The early production project Phase-1 of this Nasr & Umm Lulu Field Development Projects includes four wellhead towers and a manifold tower platform, connecting bridges and associated sub-sea pipelines.
L&T has also bagged a $250 million contract from PTTEP International, a subsidiary of PTT Public Co, Thailand, for its Zawtika Development Project, Phase-1A. The project, to be delivered in 24 months, consists of three wellhead topsides and three jackets weighing 7,000-8,000 tonnes for installation at a depth of 130-150 metres under water, besides 21 km of sub-sea pipelines.crackcrack
Company Name | CMP |
---|---|
Larsen & Toubro | 3650.65 |
Rail Vikas Nigam | 287.05 |
KEC International | 732.95 |
Kalpataru Projects | 1180.00 |
NCC | 246.75 |
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