L&T secures significant oil and gas contract in Saudi Arabia..

Engineering and construction major Larsen and Toubros (L&T) Buildings & Factories division has secured a significant contract from Oilfields Supply Company Saudi, owned by the Dubai-based Oilfields Supply Center, to design and build one of the worlds largest oil and gas supply bases at King Salman Energy Park Dammam, Kingdom of Saudi Arabia.
The project involves the construction of industrial facilities of different sizes, an administration building, ancillary buildings, associated infrastructure and storage yards, and civil, structural, MEP and architectural works. The project is scheduled to be completed in 30 months.
According to M V Satish, Whole Time Director & Senior Executive Vice President (Buildings), the project will act as a business incubator to support the oil and gas industry in the kingdom and help accelerate industrial growth in the energy sector.
L&T is a multinational firm engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services with over Rs 2,100 crore in revenue. The company operates in over 30 countries.