L&T wins $264m Kuwait pipeline contract

21 September 2017

The Hydrocarbon Division of Larsen & Toubro (L&T), an Indian multinational, has won a major pipeline contract with a value close to ? 1700 crore ($264.41 million) from Kuwait Oil Company (KOC), said a statement from the company.

The contract covers the engineering, procurement and construction (EPC) of a new 48” crude transit line (TL- 5) from North Kuwait to Ahmadi.

The completion of the project is scheduled in the third quarter of 2020.

The order was won against stiff international competitive bidding which reinforces L&T’s unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum, the company said.

L&T is currently executing Gathering Centre-30 (GC-30) project for Kuwait Oil Company.

L&T has been serving the onshore hydrocarbon sector since early 1990s. The company’s track record includes successful completion of several challenging projects for domestic and international clients, it added.


Source: tradearabia.com