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L&T bags Saudi Aramco contract

The contract is for setting up gas processing facilities for the Midyan Gas Fields

K Raghavendra Kamath Mumbai
A joint venture company of engineering and constuction major L&T -- Larsen  Toubro Arabia LLC, has secured a EPC contract from the Saudi Arabian Oil Company Saudi Aramco.

The contract is for setting up gas processing facilities for the Midyan Gas Fields, with a capacity to treat 75 million standard cubic feet per day of gas and 4,500 BPD of condensate, and the laying of over 90 kilometer of gas and condensate product pipelines. The project is scheduled to be completed in 37 months.

L&T stock was trading at Rs 1,422.65, up 0.95% from previous close.

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First Published: Jun 05 2013 | 11:05 AM IST

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