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L&T Secures Three “Large” Oil and Gas Offshore Packages Work

Indian engineering and construction giant Larsen & Toubro (L&T) has won three “large” offshore packages for its hydrocarbon business from an unnamed international client. L&T revealed the scope of work for the new contracts “comprises engineering, procurement, construction and installation (EPCI) for various new offshore jacket structures."

 

The award is likely to be related to Saudi Aramco’s offshore maintenance programme, involving its long term agreement (LTA) with EPCI players. L&T added it has “executed orders for this client in the past and repeat business is a testimony,” to its execution philosophy.

 

Aramco has recently offered multiple EPCI awards worth more than a combined $1.6 billion, to three international contractors or consortia, as a part of the LTA arrangement. The winners included – A grouping of L&T with Subsea 7, UAE’s National Petroleum Construction Company and Italy’s Saipem.

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