Indian construction and engineering conglomerate Larsen and Toubro (L&T) has secured a major contract worth KD303.5 million ($992 million) from Kuwait Oil Company for the construction of export crude storage facilities as well providing key upgrades to its key energy infrastructure.
Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region.
Kuwait Oil Company (KOC) has announced that global energy services company Petrofac has emerged as the lowest bidder for its key $1.4 billion Water Injection Plant-IV project being implemented in the south and east Kuwait (S&EK) region.
