L&T bags $52.5 million UAE contract

Wednesday, 21 July 2004, 07:00 Hrs
Printer Print Email Email
MUMBAI: Engineering and construction major Larsen and Toubro said Tuesday it had bagged a $52.5 million contract from United Arab Emirates (UAE)-based Bunduq Company Limited (BCL).

BCL awarded the order to Larsen and Toubro to "engineer, procure, construct and install" a platform in the El Bunduq field near the boundary between UAE and Qatar.

United Petroleum Development Company, BP Exploration, and TotalFinaElf jointly hold stakes in BCL.

The platform, with facilities for compressing and injecting gas, will be completed in 18 months, said a statement issued by Mumbai-based Larsen and Toubro.

"The composite single deck gas injection platform would be bridge linked to an existing gas sweetening platform," it said.

"The 1,900 metric tonne topside would house all the equipment and other miscellaneous facilities for maintenance and operation of the plant and equipment," the statement added.

L&T had recently bagged contracts from UAE, Qatar, Tanzania, Kuwait, Sri Lanka and Oman.

Source: IANS
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..