Indian Engineering major L&T (Larsen & Toubro) has bagged orders worth $88.90 Crore in the hydrocarbon sector from the UAE and Thailand.
Two orders cumulatively worth $63.90 Crore are from the UAE. One is from the Abu Dhabi Gas Industries for its Habshan-Ruwais-Shuweihat gas pipeline project valued at $189 million. This contract involves engineering, procurement and commissioning 123 km of pipelines. L&T is currently executing many pipeline projects in GCC countries for clients such as ADCO and Qatar Petroleum.
The second order for $ 45 crore is an EPC contract awarded to L&T Hydrocarbon's Upstream Business Group, from ADMA-OPCO, a subsidiary of ADNOC and a major producer of oil & gas in the UAE. The early production project Phase-1 of this Nasr & Umm Lulu Field Development Projects includes four wellhead towers and a manifold tower platform, connecting bridges and associated sub-sea pipelines.
L&T said it has in-house engineering and fabrication facilities at three locations, including the GCC region at Sohar (Oman) and its own heavy-lift and pipe-laying vessel, LTS-3000.
L&T has also bagged a $ 25 crore contract from PTTEP International, a subsidiary of PTT Public Co, 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 7,000-8,000 tonnes for installation at a depth of 130-150 metres under water, besides 21 km of sub-sea pipelines.
Mr. K Venkataramanan, President L&T said ,''The present order book for the hydrocarbon segment was around Rs 18,000 crore.
Overseas orders total to Rs 4,000 crore. We have built up the basic structure in the Gulf and executed a number of projects, consequent to which the order flow is improving.
Two orders cumulatively worth $63.90 Crore are from the UAE. One is from the Abu Dhabi Gas Industries for its Habshan-Ruwais-Shuweihat gas pipeline project valued at $189 million. This contract involves engineering, procurement and commissioning 123 km of pipelines. L&T is currently executing many pipeline projects in GCC countries for clients such as ADCO and Qatar Petroleum.
The second order for $ 45 crore is an EPC contract awarded to L&T Hydrocarbon's Upstream Business Group, from ADMA-OPCO, a subsidiary of ADNOC and a major producer of oil & gas in the UAE. The early production project Phase-1 of this Nasr & Umm Lulu Field Development Projects includes four wellhead towers and a manifold tower platform, connecting bridges and associated sub-sea pipelines.
L&T said it has in-house engineering and fabrication facilities at three locations, including the GCC region at Sohar (Oman) and its own heavy-lift and pipe-laying vessel, LTS-3000.
L&T has also bagged a $ 25 crore contract from PTTEP International, a subsidiary of PTT Public Co, 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 7,000-8,000 tonnes for installation at a depth of 130-150 metres under water, besides 21 km of sub-sea pipelines.
Mr. K Venkataramanan, President L&T said ,''The present order book for the hydrocarbon segment was around Rs 18,000 crore.
Overseas orders total to Rs 4,000 crore. We have built up the basic structure in the Gulf and executed a number of projects, consequent to which the order flow is improving.
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