L&T wins EPC contract from Kuwait Oil Company to build six crude oil storage tanks and upgrade export infrastructure - Energies Media

Larsen & Toubro (L&T) securing this Engineering, Procurement, and Construction (EPC) contract from Kuwait Oil Company (KOC) for new crude oil storage tanks and export infrastructure upgrades is a significant development for Kuwait's energy sector. This project underscores Kuwait's strategic commitment to enhancing its oil production and export capabilities, crucial for maintaining its position as a key global energy supplier. In the broader GCC context, such investments highlight the region's continued focus on strengthening its upstream and midstream oil and gas infrastructure, even amidst global energy transition discussions. These projects are vital for ensuring operational efficiency, expanding storage capacity, and modernizing export facilities to meet future market demands and secure long-term revenue streams. L&T's consistent success in securing major EPC contracts across the GCC, particularly in the complex oil and gas domain, reaffirms its reputation as a leading regional contractor. This award signals robust activity within Kuwait's construction and infrastructure market, driven by national development plans that prioritize critical energy assets. It also reflects the ongoing demand for specialized engineering expertise to execute large-scale, technically demanding projects in the Gulf.