L&T wins Rs 1500cr Order from Oman

The engineering, procurement and construction (EPC) order is for the Yibal 3rd stage depletion compression (Y3DC) project at the Yibal-Natih gas reservoir in Oman. The project is scheduled to be completed in 39 months.

 

Petroleum Development Oman is a leading exploration and production company in the Sultanate. It accounts for more than 70 percent of the country's crude-oil production and nearly all of its natural gas supply. The company 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).