L&T Energy Wins Major EPC Contract from Kuwait Oil Company

Written by: Team Angel OneUpdated on: 29 Jul 2026, 4:03 pm IST
L&T Energy's Hydrocarbon Onshore business secures a major EPC contract from Kuwait Oil Company for developing Jurassic Light Oil export facilities.
L&T Energy Wins Major EPC Contract
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On July 29, 2026, L&T announced that the L&T Energy's Hydrocarbon Onshore business has secured a significant engineering, procurement, and construction (EPC) contract from the Kuwait Oil Company (KOC), as per the exchange filings.  

Major EPC Contract from Kuwait Oil Company 

L&T Energy's Hydrocarbon Onshore business has secured a major EPC contract from the Kuwait Oil Company (KOC). 

This international award focuses on developing KOC's Jurassic Light Oil export facilities and upgrading Kuwait's transit infrastructure. 

The contract, classified as "Major" by L&T, is valued between ₹5,000 crore and ₹10,000 crore. 

Comprehensive Storage and Pipeline Infrastructure Upgrades 

The project involves constructing 6 new crude oil storage tanks, each with a capacity of 6,18,000 barrels.  

L&T will also install new pipeline connections and upgrade Kuwait's crude loading grids to enhance export capabilities.  

The entire engineering scope will be executed on a Lump Sum Turnkey basis. 

Strategic Energy Alignment and Execution Track Record 

This contract reinforces the trust in L&T's project management and quality standards within the global oil and gas sector.  

E S Sathyanarayanan, Senior Vice President & Head of L&T Energy Hydrocarbon Onshore and Member of the Divisional Board – L&T, said: “We are pleased to be entrusted with this major strategic project by Kuwait Oil Company. The development of the Jurassic Light Oil export infrastructure is an important investment in Kuwait’s energy sector and we are committed to supporting the country’s energy ambitions through reliable and world-class project execution”. 

The contract adds to L&T Hydrocarbon Onshore’s portfolio, which includes cross-country pipelines, refining expansions, and gas processing terminals internationally. 

Read More: Tata Chemicals Share Price Falls Over 2% After Q1 FY27 Earnings Results: Total Income Up 13% YoY! 

Larsen & Toubro Share Price Performance 

As of July 29, 2026, at 10:13 AM, Larsen & Toubro share price on NSE was trading at ₹3,947.00, up by 3.00% from the previous closing price. 

Conclusion 

L&T Energy's Hydrocarbon Onshore business has secured a major EPC contract from KOC, valued between ₹5,000 crore and ₹10,000 crore. The project includes constructing 6 crude oil storage tanks and upgrading Kuwait's pipeline infrastructure. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 29, 2026, 10:33 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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