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Publish Date : 13-Apr-2016

Infrastructure major Larsen & Toubro (L&T) said its wholly owned subsidiary L&T Hydrocarbon Engineering (LTHE) had secured two contracts worth around $ 370 million from Petroleum Development Oman LLC (PDO).

The new contract includes engineering, procurement and construction of Saih Nihaydah Depletion Compression Phase 2 (SNDC2) and Kauther Depletion Compression Phase 2 (KDC2) Project.

Based in the Sultanate of Oman, PDO is the foremost exploration and production company, which accounts for nearly 70% of the country's crude-oil production and nearly all of its natural gas supply. The Government of Oman owns a 60% stake in the company, Royal Dutch Shell hold 34%, and Total 4% and Partex 2%.

Location of the Saih Nihaydah Field is in the central Oman area. The field has been producing through the Saih Nihaydah Gas Plant (SNGP) commissioned in 2005. Location of the Kauther Gas Plant (KGP) is approximately 120 Km from Saih Rawl-CPP, Oman.

These projects were being implemented to overcome pressure depletion and maintain potential in order to sustain production.

Already, LTHE has executed three projects for PDO -- the Lekhwair Gas Field Development Project ($ 150 million approximately); the Saih Rawl Depletion Compression Project (SRDC2) ($ 235 million approximately), and the Yibal 3rd Stage Depletion Compression (Y3DC) (USD 240 million approximately).

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