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Larsen & Toubro's Unit Bags EPC Contract from Kuwait Oil

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Larsen & Toubro's (NSE:LT, BOM:500510) EPC wing, L&T Energy Hydrocarbon Onshore secured a major EPC contract from Kuwait Oil Company for its Jurassic Light Oil export facilities.

The company will provide engineering, procurement, and construction services for six crude oil storage tanks with a 618,000 barrel operating capacity each, alongside related facilities, according to a Wednesday Indian bourse filing.

The agreement will also cover the upgrade of Kuwait Oil Company's existing export network, including the installation of new pipelines.

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