Larsen & Toubro Ltd.

Larsen & Toubro’s (L&T) wholly owned subsidiary - L&T Hydrocarbon Engineering (LTHE), has won two orders valued approximately $370 million from Petroleum Development Oman LLC (PDO). The new order wins include Engineering, Procurement & Construction of Saih Nihaydah Depletion Compression Phase 2 (SNDC2) and Kauther Depletion Compression Phase 2 (KDC2) Project.

Petroleum Development Oman is the foremost exploration and production company in the Sultanate of Oman. It accounts for more than 70% of the country’s crude-oil production and nearly all of its natural-gas supply. The company is owned by the Government of Oman (which has a 60% interest), Royal Dutch Shell (34%), Total (4%) and Partex (2%).

Saih Nihaydah Field is located in the central Oman area. The field has been producing via the Saih Nihaydah Gas Plant (SNGP) which was commissioned in 2005. Kauther Gas Plant (KGP) is located approximately 120 Km from Saih Rawl-CPP, Oman.

These projects are being implemented to overcome pressure depletion and maintain potential in order to sustain production. LTHE has already executed three projects for PDO viz., the Lekhwair Gas Field Development Project ($150 million approximately); the Saih Rawl Depletion Compression Project (SRDC2) ($235 million approximately), and the Yibal 3rd Stage Depletion Compression (Y3DC) ($240 million approximately).