Hydrocarbons

In a significant development, Petrofac has secured a substantial operations contract from Turkmengas for the Galkynysh gas located in Turkmenistan. The contract spans three years and has a valuation exceeding $200 million, including several crucial aspects.

The Hydrocarbons division of Larsen & Toubro, known as L&T Energy Hydrocarbon (LTEH), has secured a significant contract from the Oil and Natural Gas Corporation (ONGC). The contract relates to the MHN TCPP PGC BGC Project (MTPBP), located on the West Coast of India.