LTHE wins US$ 1.01 bn oil contract from Saudi Aramco

Posted on 22nd July 2019

LTHE wins US$ 1.01 bn oil contract from Saudi Aramco
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According to *Arabian Business news report, Mumbai-based L&T Hydrocarbon Engineering Limited (LTHE), a subsidiary of Larsen & Toubro (L&T), has won a $1.01 billion contract from Saudi Aramco for its key oil field development project in Marjan.

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 kilometres of subsea pipelines across 25 segments, and 145 kilometres of subsea cables across 16 segments.

It also includes the replacement of existing control gears at eight SA offshore platforms and tie-in to existing systems.

According to a statement from L&T, the Saudi group awarded the project as a consortium comprising LTHE and Singapore-based global offshore contractor Emas AMC (A Subsea7 company).

The statement said: “The Saudi company’s trust on LTHE’s commitment to consistent project performance and ability to put the best team of young professionals to deliver value, time and again has resulted in the award of this mega contract for oil facilities for the Marjan Increment Program.”

*News source: https://www.arabianbusiness.com/energy/424210-lt-consortium-signs-1bn-saudi-aramco-contract

Related project: Marjan Field - Offshore Facilities - Package 02

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