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Saudi Arabia repairs East-West oil and gas pipeline after drone damage
The repairs follow mid-September drone strikes that damaged multiple facilities, with Saudi Arabia rebuilding its 1,200 km East-West pipeline.
Saudi Arabia is taking steps to rebuild its oil and gas infrastructure after recent damage, including repairing its critical 1,200 km East-West Pipeline following mid-September drone strikes that affected several of the kingdom’s facilities, according to LiveMint Markets.
The outlet says the rebuilding effort could translate into new work and capacity expansion rather than only replacing damaged infrastructure, potentially improving earnings visibility for companies already active in West Asia or with prior orders.
LiveMint Markets highlights Indian firm Larsen & Toubro as one potential beneficiary, citing its footprint in Saudi Arabia and past work commissioning Saudi Aramco projects including the Jafurah Gas Compression Project Phase-1, the Jafurah Export Pipeline Project, and various offshore and unconventional resources packages.
The story also notes that L&T reported Q1FY27 revenues of ₹ 67,941 crore versus ₹ 63,678 crore a year earlier, with net profit at ₹ 4,982 crore compared with ₹ 4,325 crore year on year, framing these results alongside expectations tied to Saudi Aramco spending as rebuilding continues.