Appended is the quote on the Safaniyah Oilfields tender.
“Our bidding pipeline in West Asia remains very strong and there are many prospects which remain very active. Also, several opportunities are arising from Energy transition related investments, such as Blue Ammonia, Desulphurisation, gas production, gas transportation infrastructure and petrochemical projects.
L&T Energy today enjoys a healthy order book situation in Gulf with orders at an all-time high, guaranteeing strong revenue visibility for a long period of time. Additionally, the Indian market offers enough opportunities for L&T – both downstream and upstream with government-led capex outlay.” – Mr Subramanian Sarma, Whole-time Director & Sr EVP (Energy), L&T.