Friday, February 1, 2013

L&T gives PETRONAS $100 million contract

Friday, 01 February 2013 11:58 Mizzima News

Leading engineering contractors Larsen & Toubro (L&T) have signed a US $100 million contract with Malaysia’s PETRONAS Carigali Myanmar (Hong Kong) to execute an offshore oil and gas project in Burma.

In a statement released on Wednesday, L&T announced plans for the 19-month project to supply an offshore wellhead platform and a 108-meter subsea pipeline.

The new order will enlarge the $13.5 billion conglomerate's footprint in the Southeast Asian region and will also include work on an existing platform in the Yetagun complex.
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