Larsen & Toubro shares surge over 2% on reports of securing $4 billion Saudi Aramco contract for Jafurah Gas project | Mint

Larsen & Toubro (L&T), India’s premier infrastructure company, has clinched contracts worth over $4 billion from Saudi Aramco to expand its gas projects. This substantial achievement reported meed.com, has resulted in a 2.5 per cent rise in L&T’s shares during morning trading. The $4 billion ( ₹35,000 crore) order from the state-owned petroleum and natural … Read more

Saudi Aramco grants $25 billion contracts: Focus on increasing production and reducing emissions | Mint

Saudi Aramco, the largest energy company in the world, granted contracts worth $25 billion for the development of its Jafurah gas project to boost production capability and reduce global warming emissions, reported Bloomberg. The contracts that were awarded include $12.4 billion for the increase in production at the Jafurah gas field and on top of … Read more