L&T's hydrocarbon arm gets $370 mn construction orders from Oman firm
The new order wins include engineering, procurement and construction of Saih Nahaydah Depletion Compression Phase-2 and Kauther Depletion Compression Phase 2 project
New Delhi: Infrastructure firm Larsen and Toubro (L&T) said its subsidiary has bagged two orders worth $370 million (Rs 2,456.24 crore) from Petroleum Development Oman.
"L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larson and Toubro India, has won two orders valued approximately $370 million from Petroleum Development Oman LLC (PDO)," Larson and Toubro India said in a BSE filing.
It further said: "The new order wins include engineering, procurement and construction of Saih Nahaydah Depletion Compression Phase-2 (SNDC2) and Kauther Depletion Compression Phase 2 (KDC2) project.
The company added that LTHE has already executed three projects for Petroleum Development Oman.
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