Larsen & Toubro has bagged an EPC (engineering, procurement and construction) contract worth Rs 1,500 crore from the Petroleum Development Oman LLC (PDO). The project at the Yibal-Natih gas reservoir in Oman is scheduled to be completed in 39 months. Larsen & Toubro stated this on August 20 in a filing to the BSE. Yibal-Natih is a sweet gas reservoir with recoverable reserves estimated at 90 per cent.
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