LTHE bags EPCI project from Saudi Aramco for 28 offshore jackets

This project consists of 28 offshore jackets in ZULUF, MARJAN, SFANIYA Et RIBYAN offshore fields of Saudi Arabia.

Aug 22, 2019 04:08 IST India Infoline News Service

LT Hydrocarbon Engineering
Consortium of L&T Hydrocarbon Engineering Limited (LTHE) and EMAS AMC Pte Ltd. (A Subsea7 Company) has been awarded a project by Saudi Aramco. This project consists of 28 offshore jackets in ZULUF, MARJAN, SFANIYA Et RIBYAN offshore fields of Saudi Arabia.
 
It demonstrates Saudi Aramco's trust on LTHE's capability to deliver to a challenging schedule with excellent safety and quality performance.
 
LTHE's fabrication facilities in Middle East Et India are fully equipped to execute these challenging projects.
 
LTHE is a subsidiary of Larsen & Toubro and is based in Mumbai, India.

Larsen & Toubro Ltd is currently trading at Rs1,317.35 up by Rs7.05 or 0.54% from its previous closing of Rs1,310.30 on the BSE.
The scrip opened at Rs1,312.30 and has touched a high and low of Rs1,327.70 and Rs1,301.10 respectively. So far 5,71,605 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,83,868.33cr.

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