IBEF: July 19, 2019
L&T Hydrocarbon Engineering, a completely owned division of engineering giant Larsen & Toubro, has been granted a 'mega' project in the Marjan Field by Saudi Aramco.
Although, the engineering and production company did not provide the exact value of the contract, but stated that as per its categorization, the mega project is in the range of over Rs 7,000 crore (US$ 973 million).
The project provides opportunity for oil facilities for the Marjan Incremental Development Project consisting of four tie-in platforms, one tie platform module, nine production deck modules (wellhead decks), 217 kilometers of subsea pipelines across 25 segments, and 145 kilometers of subsea cables across 16 segments.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.