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Last Updated : Jul 18, 2019 05:34 PM IST | Source: PTI

L&T Hydrocarbon Engineering bags over Rs 7,000 crore order from Saudi Aramco

The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the mega project is in the range of over Rs 7,000 crore.

L&T Hydrocarbon Engineering, a wholly-owned subsidiary of engineering giant Larsen & Toubro, on July 18 said it has been awarded a 'mega' project in the Marjan Field by Saudi Aramco.

The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the mega project is in the range of over Rs 7,000 crore.

"This award is received by the consortium of LTHE with EMAS AMC (A Subsea7 company)," Larsen and Toubro stated in a BSE filing.

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The project scope for oil facilities for the Marjan Incremental Development Project consists of four tie-in platforms, one tie platform module, nine production deck modules (wellhead decks), 217 kilometers of subsea pipelines across 25 segments, and 145 kilometers of subsea cables across 16 segments.

Larsen and Toubro was trading 0.53 percent lower at Rs 1,447.60 apiece on BSE.

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First Published on Jul 18, 2019 10:38 am
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