MoneyWorks4Me

L&T’s arm secures project from Saudi Aramco

22 Aug 2019 Evaluate

Larsen & Toubro’s (L&T) wholly owned subsidiary, consortium of L&T Hydrocarbon Engineering (LTHE) and EMAS AMC has been awarded a project by Saudi Aramco. This project consists of twenty eight offshore jackets in ZULUF, MARJAN, SFANIYA and RIBYAN offshore fields of Saudi Arabia.

It demonstrates Saudi Aramco's trust on LTHE's capability to deliver to a challenging schedule with excellent safety and quality performance. LTHE's fabrication facilities in Middle East Et India are fully equipped to execute these challenging projects.

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 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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