L&T subsidiary bags Rs 370 million orders from Oman firm

Infrastructure firm Larsen and Toubro (L&T) said its subsidiary has bagged two orders worth Rs 370 million (Rs 2,456.24 crore) from Petroleum Development Oman. “L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larson and Toubro India, has won two orders valued approximately Rs 370 million from Petroleum Development Oman LLC (PDO), reported by PTI. It further said: “The new order wins include engineering, procurement and construction of Saih Nahaydah Depletion Compression Phase-2 (SNDC2) and Kauther Depletion Compression Phase 2 (KDC2) project. The company added that LTHE has already executed three projects for Petroleum Development Oman.