Middle East contracting heavyweight shrugs off Red Sea risk for its oil and gas projects

L&T is a key contractor of Saudi Aramco’s lucrative LTA regime and is executing projects worth billions in the kingdom

Red Sea risk: Subramanian Sarma, senior executive vice president of energy at India's Larsen & Toubro.
Red Sea risk: Subramanian Sarma, senior executive vice president of energy at India's Larsen & Toubro.Photo: L&T
Published 19 January 2024, 01:30Updated 19 January 2024, 01:54