Larsen & Toubro’s (L&T) wholly-owned subsidiary --L&T Hydrocarbon Engineering (LTHE), in consortium with Subsea 7 has won another award for two projects from Saudi Aramco. The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco.
This is the fifth award for the consortium and provides for significant project pipeline for the firms. At present, there are four offshore contracts under execution by the consortium for Saudi Aramco under the Long-Term Agreement. LTHE has three fabrication yards and this project will be built at its flagship facility at Hazira in Gujarat, India, established to design and build offshore oil and gas projects.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3953.90 |
| Rail Vikas Nigam | 272.00 |
| NCC | 151.85 |
| KEC International | 563.95 |
| Kalpataru Projects | 1171.40 |
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