L&T Hydrocarbon Engineering (“LTHE”), a wholly owned subsidiary of Engineering and Construction major Larsen & Toubro Limited, announced an award for three Gas Production Deck Modules by Saudi Aramco. This is the fourth award for the consortium of LTHE with Subsea 7. There are three offshore contracts currently under execution by the Consortium for Saudi Aramco under the Long Term Agreement.
The project consists of engineering, procurement, fabrication, transportation, installation and commissioning of three gas production decks with a high integrity protection systems and exotic materials that will protect the plant for a life of fifty years and more. Two of the decks will be installed in Hasbah and one in Arabiyah field of Saudi Aramco.
This significant award validates Aramco’s confidence in selecting LTHE’s offering for performance in fast-track implementation of complex offshore projects. LTHE has three fabrication yards and this project will be built at its flagship facility at Hazira, establishing a strong track-record to “design and build” offshore oil & gas projects.
Over the past three decades, LTHE has served the offshore oil & gas industry with consistent delivery that brings Oil Majors and National Oil Companies to place repeat orders on LTHE for challenging projects.
About Larsen & Toubro
LTHE is a fully owned subsidiary of Larsen & Toubro. Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 17 billion in revenue. It operates in over 30 countries worldwide. A strong, customer–focused approach and the constant quest for topclass quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.
About Subsea 7 S.A.
Subsea 7 (Oslo Børs: SUBC, ADR: SUBCY) is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. Subsea 7 provides technical solutions to enable the delivery of complex projects in all water depths and challenging environments. Subsea 7 S.A. is listed on the Oslo Bors (SUBC), ISIN LU0075646355.
About Saudi Aramco
Saudi Aramco is a leading global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world.