Punj Lloyd Company News

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Court Orders Payment Freeze on Swiber's Bank Guarantee for Indian Projects
Wednesday, August 10, 2016 An Indian court grants an interim order to freeze payment on bank guarantees posted by Singapore's financially troubled Swiber Holdings for its projects offshore India.

Punj Lloyd Group Bags Pipeline Service Contract for India's Mangla Project
Thursday, January 08, 2009 Punj Lloyd Group was awarded a prestigious oil & gas contract from Cairn Energy India Limited for pipeline services.

Punj Lloyd Group Boasts Revenue Growth of 69%
Thursday, October 23, 2008 Punj Lloyd Group reported that its consolidated income was raised by 69% as compared to the corresponding previous period, and operating profits have increased by 88%.

Punj Lloyd Nabs Fourth EPC Contract in Qatar
Tuesday, September 23, 2008 Punj Lloyd was awarded the Engineering, Procurement, Installation, and Commissioning of Strategic Gas Transmission Project, worth $800 million from Qatar Petroleum. The project includes laying 211 km of pipeline with associated infrastructure.

Punj Lloyd Bags $42MM Drilling Contract Onshore Libya
Monday, September 22, 2008 Punj Lloyd Upstream received a Letter of Intent for a contract worth US $42 million in Libya for deploying two onshore rigs.

Punj Lloyd et al Awarded the Largest Pipeline Project in Malaysia
Friday, March 07, 2008 The Project is expected to commence immediately with a 36-month project duration and is expected to be completed by March 2011. This is one of the largest orders of Punj Lloyd Group.

Punj Lloyd Ventures into Integrated Drilling Services
Friday, August 03, 2007 Punj Lloyd Limited has set up a new subsidiary - Punj Lloyd Upstream Limited to provide onshore integrated drilling services.

Punj Lloyd to Build Oman Gas Pipeline on EPC Basis
Thursday, April 19, 2007 Punj Lloyd Limited (PLL) has secured the contract for construction of pipeline from OGC (Oman Gas Company) on an engineering, procurement and construction (EPC) basis in Oman. The contract is valued at Rs 530 crore.

Kencana Wins Fabrication Contract from PT Sempec Indonesia
Wednesday, April 18, 2007 Kencana Petroleum has received a Letter of Award from PT Sempec Indonesia for the fabrication of four Wellhead Platforms for the Heera Redevelopment Project located offshore west coast of India.

AMEC Berca Wins Contract for Total's Tunu Field
Tuesday, January 16, 2007 AMEC Berca Indonesia (ABI), AMEC's Indonesian joint venture company with CCM Group, based in Jakarta, has won a US$1million oil and gas engineering design contract on Total E&P Indonesie's Tunu Phase 11 development, Indonesia.

Punj Lloyd Wins $290M Heera Order from ONGC
Tuesday, January 09, 2007 Construction giant, Punj Lloyd, along with its offshore engineering arm - PT Sempec Indonesia, a wholly owned subsidiary, has secured its single largest Offshore Platform Project--the prestigious Heera Redevelopment Project--from ONGC.