Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has signed a contract with Petronas Carigali Myanmar (Hong Kong) for executing an offshore engineering, procurement, construction, installation and commissioning project valued at over $100 million.

The order enlarges L&T's footprint in the competitive hydrocarbon upstream market in South East Asia, and has already been included in L&T's order inflow disclosure.

The Yetagun North Field is operated by Petronas Carigali Myanmar (Hong Kong) with Petronas Carigali Myanmar Inc., Myanma Oil and Gas Enterprise, PTTEP International and JX Nippon Oil Exploration (Myanmar) as its partners. The 19-month project includes supplying an offshore wellhead platform and subsea pipeline to be installed in a water depth of 108 meters. The scope also included host tie-in works on an existing platform in the Yetagun complex. L&T's facility in Kattupalli on the East Cost of India will undertake the fabrication work for the project.