Engineering major Larsen & Toubro today said L&T Hydrocarbon (LTHE)-led consortium has bagged an order worth $1.6 billion (10,757.2 crore) from oil firm Saudi Aramco.

LTHE will have a 60% stake in the contract meant for development of the second phase of Saudi Arabia's Hasbah Gas Field.

Further, the project would be completed over a three and half years period.