01 May 2016
Indian engineering and construction firm Larsen & Toubro (L&T) said one of its subsidiaries has won orders worth $370 million from Petroleum Development Oman (PDO).
The new wins by L&T Hydrocarbon Engineering include engineering, procurement and construction (EPC) of Saih Nihaydah Depletion Compression Phase Two (SNDC2) project and Kauther Depletion Compression Phase Two (KDC2), according to L&T. Saih Nihaydah Field, located in central Oman, has been producing via the Saih Nihaydah Gas Plant which was commissioned in 2005, while Kauther Gas Plant is located 120 km away from Saih Rawl-CPP.
According to L&T, its hydrocarbon engineering unit has already executed three projects for PDO including the $150-million Lekhwair Gas Field Development Project; the $235-million Saih Rawl Depletion Compression Project (SRDC2) and the $240-million Yibal Third Stage Depletion Compression.
Meanwhile, yet another L&T regional subsidiary has won a turnkey order to construct 400 kV reactor transformers and associated works at Sur and Izki substations in the sultanate. The contract was awarded by the Oman Electricity Transmission Company to L&T’s metallurgical and material handling business.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with a revenue of over $15 billion.