Monday 7 October 2013

L&T secures two EPC projects worth Rs 1100 crore

Larsen & Toubro (L&T) has secured two EPC projects of about Rs 1100 crore value in hydrocarbon segment in UAE and Qatar. Takreer, a subsidiary of state-owned Abu Dhabi National Oil Company- ADNOC, has awarded an EPC project of a new Aviation Fuel Terminal at Abu Dhabi International Airport for developing storage and delivery of Jet A-1 fuel. The project is scheduled to be completed in 30 months.

In Qatar, the company has won an EPC contract from Dolphin Energy for third party gas interconnecting facilities in Ras Laffan. The project is scheduled to be completed in 20 months. L&T is already executing another Export Gas Upgrade Facilities Project for Dolphin Energy to increase the capacity of the export gas compressors facilities from 2.2 BSCFD up to 3.2 BSCFD by adding three new compression trains.  

These orders reinforce L&T’s strategic objective of enhancing its global footprint, and reflect its capability to execute hydrocarbon projects in a competitive international environment. 

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