MoneyWorks4Me

L&T’s arm bags order from Sonatrach-Algeria

12 Feb 2019 Evaluate

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has won a mega order from Sonatrach-Algeria. The Engineering, Procurement, Construction and Commissioning (EPCC) contract is to set up three Central Processing (CPF) facilities at Hassi Ba Hamou and Reg Mouaded Field (6 MMSCMD capacity), Hassi Tidjerane Field (4 MMSCMD capacity) and Tinerkouk Field (4 MMSCMD capacity).

The three facilities are located close to each other in the Adrar province of Algeria. Process facilities include Separation, Compression System, Mercury Removal, Gas Dehydration, Hydrocarbon Dew Point Control and associated Offsite Et Utilities.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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