Snapshot from Aug 16, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / L&T wins Kuwait oil EPC contract
Business EPC contract award

L&T wins Kuwait oil EPC contract

Analysis based on 9 articles · First reported Jul 29, 2026 · Last updated Jul 29, 2026

Sentiment
15
Attention
3
Articles
9
Market Impact
General
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Market Impact

L&T's stock surged nearly 3% on the announcement, reflecting positive market sentiment. The contract provides revenue visibility and reinforces L&T's foothold in the Middle East hydrocarbon EPC market.

Oil and Gas Engineering and Construction
Event Summary

Larsen & Toubro (L&T) has secured a major engineering, procurement, and construction (EPC) order from Kuwait Petroleum Corporation — Kuwait Oil Company (KOC) for the development of Jurassic Light Oil export facilities and upgrade of Kuwait's crude oil export infrastructure. The contract, valued between Rs 5,000 crore and Rs 10,000 crore, includes building six crude oil storage tanks (each 618,000 barrels capacity), new pipelines, and upgrades to loading and export networks. The project strengthens L&T's position in the Middle East and supports Kuwait's energy sector expansion.

Entities Involved
stock
Larsen & Toubro
L&T is the contractor executing the EPC project, boosting its order book and international portfolio.
Importance 100.0 Sentiment 20.0
subs
Kuwait Petroleum Corporation — Kuwait Oil Company
KOC is the client awarding the contract, aiming to expand Kuwait's crude export capacity.
Importance 80.0 Sentiment 10.0
cnt
Kuwait
Kuwait benefits from upgraded oil infrastructure supporting higher production and export capabilities.
Importance 60.0 Sentiment 5.0
per
E. S. Sathyanarayanan
Senior Vice President and Head of L&T Energy Hydrocarbon Onshore, commented on the strategic importance of the project.
Importance 30.0 Sentiment 0.0
Relationships
Kuwait Petroleum Corporation — Kuwait Oil Company related ↔ Kuwait
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