L&T Energy wins three offshore packages in hydrocarbons sector
Larsen & Toubro (L&T) said that the hydrocarbon unit of L&T Energy has bagged three offshore packages from an undisclosed overseas client.
Although the Indian engineering group didn’t reveal the exact value of the contracts, they are in the range of INR 2,500 crores to 5,000 crores.
The scope of work for L&T Energy Hydrocarbon (LTEH) includes engineering, procurement, construction, and installation for multiple new offshore jacket structures.
L&T Energy Hydrocarbon is said to have carried out orders for the same client in the past.
Larsen & Toubro stated: “LTEH is executing several domestic and international offshore projects and is committed to building its regional presence in geographies that it operates by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload.”