New Delhi, Sept. 24 -- Saudi Arabia is repairing its critical 1,200 km East-West Pipeline following mid-September drone strikes that damaged several of the kingdom's facilities.

If Saudi Arabian capital expenditures rise significantly, companies already engaged in West Asia and or with prior orders could see clearer earnings from fresh orders. Rather than merely replacing damaged infrastructure, a bigger catalyst might be new orders and capacity expansion.

Here are three stocks to watch as Saudi Arabia rebuilds its oil and gas infrastructure.

#1 Larsen & Toubro (L&T)

Larsen & Toubro is one of India's largest engineering, procurement and construction (EPC), manufacturing and technology groups. Its businesses span infrastructure, energy...