
L&T awarded significant contract in Middle East
Indian engineering conglomerate Larsen & Toubro (L&T) has landed a significant contract from an undisclosed Middle East operator.
The deal estimated as worth between $120m and $300m covers offshore and onshore works which will be executed by L&T subsidiary L&T Energy Hydrocarbon (LTEH).
The offshore order involves mainly brownfield work including upgrading of shutdown systems in existing offshore platforms, the company said in a stock exchange filing.
The scope of work for the onshore part comprises engineering, procurement and construction of an enclosed ground-flare system and demolition of existing facilities, reducing flame and smoke visibility to the nearby ongoing large-scale residential developments.
Earlier this year Larsen & Toubro was also confirmed for a $1.3bn riser platform package as part of QatarEnergy’s engineering, procurement, construction and installation contracts worth $6bn for the next development phase of its Al-Shaheen oilfield.