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L&T bags Rs.1,100 cr hydrocarbon projects in Gulf
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SME Times News Bureau | 08 Oct, 2013
Engineering major Larsen & Toubro (L&T) Monday said it has secured two EPC (engineering, procurement and construction) projects worth Rs.1,100 crore in the hydrocarbon sector in the UAE and Qatar.
The UAE contract from Takreer, an arm of state-owned Abu Dhabi National Oil Company, is for construction of a new aviation fuel terminal at the Abu Dhabi international airport and is scheduled to be completed in 30 months, L&T said.
"In Qatar, L&T has bagged an EPC contract for third-party gas interconnecting facilities in Ras Laffan from Dolphin Energy Ltd," a statement here said.
This project has a construction period of 20 months.
L&T is already executing an export gas upgrade facilities project for Dolphin Energy, to increase the capacity of their export gas compressing facility.
The Mumbai-based company has recently won another infrastructure contract worth nearly $300 million from Saudi firm Aramco, whereby L&T will build a plant with a daily capacity to process 75 million standard cubic feet of gas and 4,500 barrels of condensate.
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