BUSINESS

L&T wins oil pipeline deal from KOC

September 21, 2017

MUMBAI — L&T’s Hydrocarbon Division has bagged a major pipeline contract with a value close to 1700 Crore 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. — SG


September 21, 2017
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