India’s Kalpataru announces the receipt of LOI from Saudi Aramco

  • Date: 05-Mar-2024
  • Source: Saudi Gulf Projects
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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India’s Kalpataru announces the receipt of LOI from Saudi Aramco

Kalpataru Projects International Limited (KPIL), formerly Kalpataru Power Transmission Limited, one of the largest Engineering, Procurement and Construction (EPC) companies listed in India, has announced that it has received Letter of Intent (LoI) from Saudi Arabia’s energy major, Aramco, for carrying out EPC work for three packages of the third expansion phase of the Master Gas System Network (MGS‐3) in Saudi Arabia.

The EPC scope covers laying of over 800 kms of lateral gas pipeline. The exact contract value of the three packages will be confirmed upon contract execution.

The MGS‐3 aims to expand the existing gas network in order to provide gas supply to various industrial consumers in the region. This expansion of the gas network is expected to enhance the ability to meet the growing energy demand in Saudi Arabia and replace liquid fuel burning, contributing to Saudi Arabia’s drive towards a diverse energy mix. KPIL is delighted to be collaborating with Aramco towards supporting energy security and reliability.

With roughly two decades of experience in cross‐country pipelines, processing facilities, refineries and fertilizer plants, KPIL has successfully commissioned over 10,000 kms of oil and gas and water pipelines and embraces best global practices in areas like project management, quality and health