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L&T gains after winning Saudi Aramco project

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Capital Market
Last Updated : Aug 22 2019 | 10:31 AM IST

Larsen & Toubro rose 1% to Rs 1,323.35 after subsidiary L&T Hydrocarbon Engineering won a large project from Saudi Aramco.

Consortium of L&T Hydrocarbon Engineering (LTHE) and EMAS AMC (a Subsea7 company) has been awarded a project by Saudi Aramco. This project consists of twenty eight offshore jackets in Zuluf, Marjan, Sfaniya & Ribyan offshore fields of Saudi Arabia. The announcement was made during the market hours today, 22 August 2019.

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First Published: Aug 22 2019 | 10:05 AM IST

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