Posted inNews

Larsen & Toubro awarded hydrocarbon contracts in Q3 FY22

The firm announced "significant" contracts with two Middle East hydrocarbon customers.

Larsen & Toubro’s (L&T) heavy engineering unit announced that it had won several contracts across various business segments in the third quarter of the 2022 financial year (ending March 2022). In a statement, L&T said that its modification, revamp and upgrade (MRU) business had won a contract from “a key hydrocarbon sector customer in the […]

Posted inProducts & Services

Saudi Aramco and Saipem sign MoU to form engineering and construction entity

The initiative was taken in the frame of the Saudi Aramco’s Nama’at Industrial Investment Program

Saipem and Saudi Aramco have signed a Memorandum of Understanding (MoU) aimed at exploring the possibility to establish a new entity in Saudi Arabia for the execution of engineering and construction activities in the industrial sector. The initiative was taken in the frame of the Saudi Aramco’s Nama’at Industrial Investment Program, focused on capacity building […]