India's Punj Lloyd wins $57m Saudi contract

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Indian conglomerate Punj Lloyd has secured a contract worth more than $57m for an offshore project in Al-Khafji in Saudi Arabia.

The engineering, procurement and construction group said the project was scheduled for commissioning in September 2014.

The award comes from Al-Khafji Joint Operations - a joint operation of Aramco Gulf Operations Company Limited and Kuwaiti Gulf Oil Company - which is behind oil and gas exploration development and production in an offshore area between Saudi Arabia and Kuwait.

Commenting on the award, PK Gupta, director, Punj Lloyd, said: “Middle East has a huge potential in the offshore space and this project marks our entry into this huge market.

"With our extensive expertise of offshore pipelines and platforms, self owned technologically advanced barges, we are committed to delivering this project to our client’s satisfaction."

The scope of work for the project includes detail design, engineering, procurement, testing, transportation and construction and installation of a new crude transmission line, and 40km submarine rigid pipeline.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Egypt's field of dreams

Egypt's field of dreams

The discovery of the mammoth Zohr gas field in the Mediterranean...

Disagreements over scope and ownership delay Saudi solar projects

Disagreements over scope and ownership delay Saudi solar projects

Saudi Arabia's ambitious plans to become a world leader in installed...

Expectations of Saudi oil shake-up stir uncertainty

Expectations of Saudi oil shake-up stir uncertainty

The world's top crude exporter has always prized stability and...

Most Discussed