Larsen & Toubro (L&T) has confirmed the award of multiple offshore contracts from a leading Middle East client, as the Indian engineering giant continues to expand its portfolio in the Gulf region.
Engineering, procurement, construction, and installation (EPCI) deals have been awarded by Saudi Aramco for its latest batch of long-term agreement (LTA) contract orders.
The scope of work comprises EPCI for various new offshore facilities and integration with existing installations.
The company has consistently demonstrated timely project delivery deploying end-to-end capabilities, including design, fabrication, and installation of large process platforms, living quarters, subsea systems, piping, and other T&I (transportation & installation) works.
The Saudi state giant is pumping in billions of dollars to maintain the production profile of some of the largest offshore oilfields in the country, while also spending aggressively on big-ticket greenfield developments to swiftly scale up its oil production capacity.
Aramco has also launched multiple tenders for the additional offshore infrastructure required at its Manifa and Safaniyah fields, as it continues to invest heavily in strategic oil projects.