L&T bags two more orders from Saudi Aramco

MUMBAI: Larsen & Toubro has bagged two more contracts from Saudi Arabia’s biggest oil company Saudi Aramco, the company said in a statement Monday.

The $16 billion engineering major did not disclose the value of the contract which will be executed by its subsidiary, L&T Hydrocarbon Engineering.

The engineering, procurement and construction order entail supply and installation of four wellhead decks in the Safaniya field and another order to upgrade on 17 platforms in various offshore fields in the Arabian Sea off the coast of Saudi Arabia.

“It is an opportunity for Aramco to benefit from our flagship facility at Hazira as the center of fabrication of the four decks in one of the contracts. It is also an opportunity for our consortium to build in-Kingdom skills and capabilities to deliver the brownfield work in the other project,” said Subramanian Sarma, L&T Hydrocarbon Engineering’s MD & CEO.