L&T bags USD 177.75-mn contracts from Gulf

MUMBAI: Larsen & Toubro Ltd (L&T) on Monday said the company has secured contracts worth 177.75 million dollars for different projects in the hydrocarbon sector in the Gulf region.

The company's modular fabrication facility (MFF) has bagged an order of 44.95 million dollars from Technip through international bidding for manufacture and supply of pre-assembled process modules for handling and processing of gas, L&T informed the Bombay Stock Exchange.

L&T's MFF is geared to meet exact quality standards within compressed delivery schedules.  These modules would be installed for Abu Dhabi Gas Liquefaction Company (ADGAS) in Abu Dhabi.
   
The delivery of the modules is to be completed within 18 months, the company said.  L&T also secured an order for a naptha hydrotreactor and reformer unit for 51.6 million dollars from ENOC processing company in Dubai.

This project is scheduled to be completed in 16 months. In Qatar, L&T has got a 36.4 million dollar contract from Pearl GTL, a joint venture of Qatar Petroleum and Shell.
   
This project has to be completed with 29 months, the company said. Besides, the company has been successful in winning another 44.8 million dollar contract from an oil tanking company in Oman.