Tuesday, September 24, 2019

L&T Consortium Wins Saudi Aramco Deal

August 23, 2019

Image: L&T Hydrocarbon Engineering Limited

Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE),  and EMAS AMC PTE Ltd (A Subsea7 Company)  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 stock exchange filing by L&T.

This project consists of twenty eight offshore jackets in ZULUF, MARJAN, SFANIYA & RIBYAN offshore fields of Saudi Arabia.

"The deal demonstrates Saudi Aramco’s trust on LTHE’s capability to deliver to a challenging schedule with excellent safety and quality performance. LTHE’s fabrication facilities in Middle East & India are fully equipped to execute these challenging projects," said the statement.

Subsea 7 is a Luxembourg-based offshore projects delivering company.

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