The project is for installing 28 offshore jackets in Zuluf, Marjan, Safaniya and Ribyan offshore fields of Saudi Arabia.
Larsen & Toubro on August 22 said a consortium of its arm LTHE, and EMAS AMC PTE Ltd has been awarded a project by Saudi Aramco for offshore jackets.
The project is for installing 28 offshore jackets in Zuluf, Marjan, Safaniya and Ribyan offshore fields of Saudi Arabia, as per a BSE filing by L&T.
"Consortium of L&T Hydrocarbon Engineering Ltd (LTHE) and EMAS AMC PTE Ltd (a Subsea 7 company) has been awarded a project by Saudi Aramco," it said.
LTHE is a subsidiary of L&T and is based in Mumbai.
The award demonstrates Saudi Aramco's trust on LTHE's capability to deliver to a challenging schedule with excellent safety and quality performance, it said.
LTHE's fabrication facilities in the Middle East and India are fully equipped to execute these challenging projects, the company added.Subsea 7 is a Luxembourg-based offshore projects delivering company.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.