Larsen & Toubro Limited (L&T) has bagged two orders worth USD 639 million from UAE.
One order is from Abu Dhabi Gas Industries Limited (GASCO) for its Habshan-Ruwais-Shuweihat Gas Pipeline Project. Valued at around USD 189 million, it involves EPC installation & commissioning of 123 KM of the pipeline to be commissioned in 24 to 26 months. L&T is presently executing several other pipeline projects in GCC countries for major clients such as ADCO, Qatar Petroleum, PDO, etc.
The other order is a USD 450 million EPCI project awarded to L&T Hydrocarbon’s Upstream Business Group from ADMA-OPCO, a subsidiary of ADNOC and a major producer of Oil & Gas for the UAE. The early production project Phase-1 of Nasr & Umm Lulu Field Development Projects includes four wellhead towers and a manifold tower platform, connecting bridges and associated sub-sea pipelines. L&T has in-house engineering, fabrication facilities in three locations including the GCC region at Sohar, (Oman) and its own heavy-lift and pipe-laying vessel, LTS-3000.
L&T has also been awarded a USD 250 million contract from PTTEP International Limited, a subsidiary of PTT Public Company Limited, Thailand for its Zawtika Development Project, Phase-1A. The project to be delivered in 24 months consists of three wellhead topsides and three jackets weighing 7000-8000 MT to be installed in a water depth of 130-150 meters. The scope also includes 21 KM of 18” subsea pipelines. The project facilities are part of an overall field development, and will be integrated with other platform facilities in the field.
PTTEPI is state-owned Oil & Gas major, and is one of the largest corporations in Thailand listed in the Fortune Global 500 companies.
These orders were won against stiff international competition.
L&T is one of the few contractors in the world with complete in-house engineering, procurement, fabrication and installation capabilities in the hydrocarbon sector. All orders bagged by the company are a reinforcement of clients’ confidence in its integrated service capabilities.
Source: Larsen & Toubro, August 8, 2011;