India’s Larsen & Toubro (L&T) has seen its bid pipeline for the energy business rise to almost $30 billion on the back of robust oil and gas contracting activities in the Middle East.
Subramanian Sarma, whole-time director and senior executive vice president of L&T’s energy business, tells Upstream that the company’s bid pipeline is “predominantly led by hydrocarbons” and says the company has seen an increase in Middle East tendering activities.
