L&T Wins Large Kuwait Oil Company EPC Deal, Strengthening Global Order Book

Larsen & Toubro (L&T) has secured a large engineering, procurement and construction (EPC) contract from Kuwait Oil Company (KOC) for the development of key infrastructure supporting the country's Jurassic Light Oil (JLO) export facilities. The project further strengthens L&T's international order book and reinforces its position as one of the leading engineering and infrastructure companies executing large scale hydrocarbon projects across global markets.

The contract has been awarded to L&T Energy Hydrocarbon Onshore, the company's hydrocarbon EPC business, and will be executed on a Lump Sum Turnkey (LSTK) basis. The project includes the construction of new crude oil storage facilities, pipelines and upgrades to Kuwait's existing crude oil export infrastructure to support higher production capacity.

The announcement comes as L&T continues to expand its presence in the Middle East, a region that remains one of the company's largest international markets for energy, oil and gas, infrastructure and industrial projects.

Project Scope

Under the contract, L&T will undertake the engineering, procurement and construction of new export infrastructure for Kuwait Oil Company.

Project Component	Details
Client	Kuwait Oil Company (KOC)
Project Type	Engineering, Procurement and Construction (EPC)
Business Division	L&T Energy Hydrocarbon Onshore
Contract Model	Lump Sum Turnkey (LSTK)
Storage Tanks	6 New Crude Oil Storage Tanks
Capacity Per Tank	618,000 Barrels
Additional Work	Pipelines and Export Network Upgrades

The project includes the construction of six crude oil storage tanks, each with an operating capacity of 618,000 barrels, taking the combined storage capacity to more than 3.7 million barrels. L&T will also install new pipelines and modernise Kuwait's existing crude loading and export facilities to handle increased production efficiently.

Key Project Highlights

Feature	Details
Number of Storage Tanks	6
Capacity Per Tank	618,000 Barrels
Total Storage Capacity	Over 3.7 Million Barrels
New Pipeline Installation	Yes
Export Infrastructure Upgrade	Yes
Country	Kuwait

The upgraded infrastructure is expected to improve Kuwait's crude oil storage, transportation and export capabilities while supporting future production growth from the Jurassic Light Oil fields.

Management Commentary

Commenting on the order, E S Sathyanarayanan, Senior Vice President and Head of L&T Energy Hydrocarbon Onshore, said the company was pleased to receive the strategic project from Kuwait Oil Company.

He said the development of Jurassic Light Oil export infrastructure represents an important investment in Kuwait's energy sector and reaffirmed L&T's commitment to delivering the project with high standards of safety, quality and execution.

Why the Order Matters

Winning another major overseas contract strengthens L&T's international order pipeline and highlights continued demand for its EPC capabilities in the global oil and gas sector. The Middle East remains a key growth market for the company, with governments investing heavily in energy infrastructure, refinery upgrades, petrochemical projects and export facilities.

Large international contracts also improve revenue visibility for engineering companies by providing long term project execution opportunities. Continued order inflows from overseas markets help diversify L&T's business across multiple geographies while reducing dependence on domestic infrastructure spending.

About L&T Energy Hydrocarbon Onshore

L&T Energy Hydrocarbon Onshore is one of the company's core engineering businesses, providing end to end EPC solutions across upstream, midstream and downstream hydrocarbon projects.

Over the years, the business has executed large refinery expansions, petrochemical complexes, LNG terminals, gas processing plants, fertiliser facilities and cross country pipeline projects across Asia, the Middle East and other international markets.

L&T Share Price

Company	Larsen & Toubro Ltd
NSE Symbol	LT
Share Price	₹3,946.00
Change	+₹14.60
Percentage Change	+0.37%
Market Session	July 30, 2026 (Afternoon)

The stock remained in focus following the announcement as investors continue to monitor large order wins and their impact on L&T's future revenue growth and execution pipeline.

What Investors Should Watch

Investors will watch whether this order contributes to stronger order inflows during the current financial year and whether L&T continues to secure additional international EPC contracts, particularly in the Middle East. Market participants will also track the company's order book growth, execution timeline, margin performance and management commentary in upcoming quarterly results.

What contract has L&T won?

L&T has secured a large EPC contract from Kuwait Oil Company to develop Jurassic Light Oil export infrastructure.

What work will L&T execute?

The company will construct six crude oil storage tanks, install pipelines and upgrade Kuwait's crude oil export network.

How much storage capacity will be added?

The project includes six storage tanks with a combined operating capacity of more than 3.7 million barrels.

Which L&T division received the order?

The contract has been awarded to L&T Energy Hydrocarbon Onshore.

Why is this order important?

The project strengthens L&T's international order book, expands its presence in the Middle East and reinforces its position in the global EPC and hydrocarbon infrastructure sector.