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January 15, 2019updated 17 Jan 2019 11:08am

L&T Hydrocarbon Engineering consortium wins EPCI award with Saudi Aramco

By Umar Ali

A consortium led by Larsen & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has won an award for two projects from Saudi Aramco.

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The award consists of engineering, procurement, construction and installation (EPCI) orders for three oil production deck manifolds and subsea pipelines in Saudi Aramco’s Zuluf and Berry fields. This project will be built at L&T’s flagship Hazira facility in Gujarat, India, the first of the Indian multi-national’s three fabrication yards.

This is the fifth award for the consortium, and ‘provides for significant project pipeline’ for the firms, according to L&T. There are currently four offshore contracts under execution by the consortium for Saudi Aramco under their long-term agreement, with two EPCI contracts for LTHE being awarded by Saudi Aramco in January 2017.

The consortium said in a press release: “Over the past three decades, LTHE has served the offshore oil and gas industry with consistent delivery that brings oil majors and national oil companies to place repeat orders on LTHE for challenging projects.”

The consortium did not share the value of the contracts, but added that they were indicative of LTHE’s ‘strong track record in the Middle East’.

LTHE is an Indian multinational organisation that provides EPCI solutions for the offshore oil and gas industry. It operates in more than 30 countries, generating revenue of approximately $30bn. LTHE’s partner in the consortium is engineering, construction and services company Subsea 7.

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Free Report
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Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
  • Understand CCUS and its importance in reducing global emissions 
  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
Download the report now to get ahead of this trend and make strategic investments.  
by GlobalData
Enter your details here to receive your free Report.

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