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L &T wins US$264m Kuwait pipeline contract

L&T’s Hydrocarbon Division has bagged a major pipeline contract with a value close to US$264m  from Kuwait Oil Company (KOC) for Engineering, Procurement and Construction 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. 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.

Background:
Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors – Hydrocarbon, Infrastructure, Power, Process Industries and Defence – for customers in over 30 countries around the world.

L&T is engaged in core, high impact sectors of the economy and our integrated capabilities span the entire spectrum of ‘design to deliver’. With over 7 decades of a strong, customer focused approach and a continuous quest for world-class quality, we have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects and Manufacturing, and maintain a leadership in all our major lines of business.

Every aspect of L&T’s businesses is characterised by professionalism and high standards of corporate governance. Sustainability is embedded into our long-term strategy for growth.

The Company’s manufacturing footprint extends across eight countries in addition to India. L&T has several international offices and a supply chain that extends around the globe.

Source: www.larsentoubro.com