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L&T gets $177.8m contracts

Bombay, July 16, 2007

Larsen & Toubro said it had received contracts worth $177.75 million for the hydrocarbon sector from the Gulf region. 

Larsen & Toubro's Modular Fabrication Facility (MFF) secured an order from Technip through international competitive bidding for the manufacture and supply of ten pre-assembled process modules for handling and processing of gas.

The order is valued at $44.95 million. These modules will be installed for the Abu Dhabi Gas Liquefaction Company Limited (Adgas) on Das Island.

The delivery of the modules is to be completed in 18 months.

The Indian group also won an order for a naphtha hydrotreater and reformer unit valued at $51.6 million from Enoc in Dubai. This project is scheduled to be completed within 16 months.

In Qatar, L&T secured a contract for the Pearl GTL project package C5 liquid processing unit (LPU) valued at $36.4 million from the Qatar Petroleum/Shell joint venture.

The time frame for completion of this project is 29 months.

L&T has also been successful in winning a $44.8 million contract from the Oil Tanking Company in Oman.

All these contracts were won against stiff international competition and competitive price bidding.

L&T, a $5 billion technology, engineering and construction company with global operations, is one of the largest and most respected companies in India's private sector.




Tags: Qatar Petroleum | Larsen & Toubro | Adgas |

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