Larsen & Toubro snaps up nearly $4 billion order from Saudi Aramco

Engineering conglomerate Larsen & Toubro (L&T) has secured a multi-billion-dollar contract from Saudi Aramco, according to informed sources. A West Asian business intelligence website estimated the total value of the order at $3.9 billion.

According to MEED (formerly Middle East Economic Digest), L&T is one of the three contractors to win different packages for Saudi Aramco’s $10 billion expansion at its Jafurah unconventional gas production project in Saudi Arabia.

L&T has been chosen as the contractor for Package 1, valued at $2.9 billion, and Package 3, worth $1 billion, according to the MEED report.