 "L&T Hydrocarbon bags two orders worth $ 370 mn from Oman's PDO")
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), has bagged two orders valued approximately $ 370 million from Petroleum Development Oman LLC (PDO). As per the new orders, LTHE will be responsible for engineering, procurement & construction (EPC) of Saih Nihaydah Depletion Compression Phase 2 (SNDC2) and Kauther Depletion Compression Phase 2 (KDC2) projects.
Petroleum Development Oman, the leading exploration and production company in Oman, accounts for more than 70 percent of the country's crude-oil production and nearly all of its natural-gas supply. PDO is owned by the Government of Oman (which has a 60 percent interest), Royal Dutch Shell (34 percent), Total (4 percent) and Partex (2 percent).
Saih Nihaydah Field is located in the central Oman area. The field has been producing via the Saih Nihaydah Gas Plant (SNGP) which was commissioned in 2005. Kauther Gas Plant (KGP) is located approximately 120 Km from Saih Rawl-CPP, Oman.
These projects are being implemented to overcome pressure depletion and maintain potential in order to sustain production. LTHE has already executed three projects for PDO - the Lekhwair Gas Field Development Project ($ 150 million); the Saih Rawl Depletion Compression Project ($ 235 million), and the Yibal 3rd Stage Depletion Compression ($ 240 million).
Petroleum Development Oman, the leading exploration and production company in Oman, accounts for more than 70 percent of the country's crude-oil production and nearly all of its natural-gas supply. PDO is owned by the Government of Oman (which has a 60 percent interest), Royal Dutch Shell (34 percent), Total (4 percent) and Partex (2 percent).
Saih Nihaydah Field is located in the central Oman area. The field has been producing via the Saih Nihaydah Gas Plant (SNGP) which was commissioned in 2005. Kauther Gas Plant (KGP) is located approximately 120 Km from Saih Rawl-CPP, Oman.
These projects are being implemented to overcome pressure depletion and maintain potential in order to sustain production. LTHE has already executed three projects for PDO - the Lekhwair Gas Field Development Project ($ 150 million); the Saih Rawl Depletion Compression Project ($ 235 million), and the Yibal 3rd Stage Depletion Compression ($ 240 million).
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