L&T wins ‘mega’ contract for hydrocarbon arm in Middle East

New Delhi: Larsen & Toubro (L&T) on Wednesday said its hydrocarbons unit has bagged several contracts worth more than Rs. 7,000 crore in the Middle East region.

The scope of work includes engineering, procurement, construction and installation for various new offshore facilities and integration with existing installations, the company said in a statement.

L&T has listed orders worth more than 7,000 crore under the “Mega” category.

“LTE Offshore has consistently demonstrated on-time project delivery, deploying end-to-end capabilities including design, construction, and installation of large process platforms, living quarters, subsea systems, piping, and other T&I works. These reiterated Securing orders is indicative of customer satisfaction and is a testimony to the trust customers have placed in the team’s dedicated efforts to develop and nurture these capabilities,” said Subramaniam Sarma, Whole-time Director and Senior Executive Vice President.

The business is executing several domestic and international offshore projects and is committed to building its regional presence across geographies by nurturing local skills and talent and enhancing engagement with local vendors and contractors.

Larsen & Toubro is an Indian multinational company engaged in EPC projects, construction and services. It operates in more than 50 countries around the world.

catch all corporate news And updates on Live Mint. download mint news app to receive daily market update & Live business News,

More
Less