The hydrocarbon business of Larsen & Toubro (L&T), known as L&T Energy Hydrocarbon (LTEH), has recently received a Letter of Intent for a significant offshore order worth in the range of INR 10,000 crores to 15,000 crores from a prestigious client in the Middle East. This achievement highlights LTEH’s growing reputation and capabilities in the global hydrocarbon sector.
Scope of the Offshore Project
The project’s scope encompasses engineering, procurement, construction, and installation of a new large offshore platform, alongside brownfield work for integration with existing facilities. This comprehensive project underlines the company’s expertise in handling complex offshore tasks.
Comments from L&T’s Leadership
Commenting on the award, Subramanian Sarma, Whole-time Director and Senior Executive Vice President (Energy) at L&T, expressed pride in this mega order from a new customer. He emphasized the global acknowledgment of L&T’s capabilities and highlighted this order as a key milestone for the company’s offshore business. Mr. Sarma reiterated the company’s focus on enhancing competencies and leveraging opportunities in core markets.
LTEH’s Expanding Presence
L&T Energy Hydrocarbon is actively executing several domestic and international offshore projects. The company is committed to expanding its presence across adjacent and business-conducive geographies, strengthening its position in the hydrocarbon sector.
Integrated Design-to-Build Solutions by LTEH
Organized under various business groups including Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), and Offshore Wind Farm Business Groups, LTEH offers integrated design-to-build solutions to domestic and international customers. With over three decades of experience, the company has set global benchmarks in project management, corporate governance, quality, health safety environment (HSE), and operational excellence.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.