L&T wins $342m Abu Dhabi petchem project deal

India's top engineering and construction firm Larsen & Toubro (L&T) said one of its key subsidiaries has won an EPC (engineering, procurement and construction) contract worth more than ₹2.2 billion ($342 million) from UAE-based Al Dhafra Petroleum Operations Company. Al Dhafra Petroleum is a joint venture between Abu Dhabi National Oil Company (Adnoc) and Korea National Oil Corporation (KNOC) and GS Energy, which is represented by Korean Abu Dhabi Oil Consortium (Kadoc). As per the deal, L&T Hydrocarbon Engineering Limited (LTHE) will provide engineering, procurement, construction and commissioning of flow lines besides gathering facilities and pipelines to transfer crude oil and gas from Haliba fields to processing facility at Asab. Also the L&T unit will help in the installation of 132 kV and 33 kV overhead electrical transmission lines for supply of power. The order reinforces LTHE’s unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum, said the Mumbai-based builder. L&T has been serving the onshore hydrocarbon sector since early 1990’s. The company’s track record includes successful completion of several challenging projects for domestic and international clients,