Saudi Aramco Jackets Job for LTHE and Subsea 7
- Business & Finance
L&T Hydrocarbon Engineering Limited (LTHE) and EMAS AMC (Subsea 7 company) have been awarded a project by Saudi Aramco.
The project consists of twenty eight offshore jackets in Zuluf, Marjan, Sfaniya and Ribyan fields offshore Saudi Arabia.
LTHE’s fabrication facilities in Middle East & India are fully equipped to execute these projects, Mumbai-based subsidiary of Larsen & Toubro said.
According to LTHE, value of the contract is estimated between $348 million and $696 million – equivalent to INR 2500 Crore and INR 5000 Crore.
In April this year, Subsea 7 and LTHE secured two EPCI contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia, consisting of three oil production deck manifolds and subsea pipelines in Zuluf field and subsea pipelines in Berri field.