L&T bags $300 mn contract from Saudi Aramco for gas processing plant: Media Reports

Posted By: Religare
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India's infrastructure giant, Larsen & Toubro (L&T) has received a contract from the globally leading oil exporter, Saudi Aramco to build facilities including a gas processing plant for its Midyan gas field, said the media reports.

Accordingly, L&T will construct the plant with processing capacity of 75 million standard cubic feet per day (scfd) of non-associated gas and 4,500 barrels of condensate per day, the report stated.

The report added that the deal, which is worth nearly USD 300 million, would enable efficient generation of power and avoid the burning of high-value diesel.

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