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L&T Secures Ultra-Mega Middle East Order, Offshore Contract Valued Above ₹15,000 Crore

New Delhi: Engineering and infrastructure major Larsen & Toubro (L&T) has secured an ultra-mega order in the Middle East to develop multiple offshore facilities, the company announced on Monday. L&T classifies contracts valued above Rs 15,000 crore as ultra-mega orders. However, the company did not disclose the client’s name or the exact value and completion timeline of the latest contract.…

L&T Secures Ultra-Mega Middle East Order, Offshore Contract Valued Above ₹15,000 Crore

Engineering and infrastructure giant Larsen & Toubro (L&T) has successfully secured a massive offshore contract in the Middle East, worth over ₹15,000 crore, according to the company’s latest announcement. While the client’s name and the exact completion timeline remain undisclosed, the project is set to be handled by L&T Energy Hydrocarbon Offshore (LTEH Offshore), a division specializing in hydrocarbon projects.

LTEH Offshore will be responsible for every aspect of the project, from the initial design phase to construction and final commissioning. This contract will significantly enhance LTEH Offshore’s presence in the Middle East, a crucial international market for energy infrastructure and offshore development projects.

The company’s expertise in managing such large-scale and intricate offshore projects is a key factor in the contract’s approval. LTEH Offshore boasts integrated capabilities in engineering, project management, procurement, fabrication, and installation, along with a fleet of specialized vessels for offshore construction and installation activities. This enables the company to undertake projects that necessitate both onshore and offshore work.

With four decades of experience, LTEH Offshore has a proven track record of executing a diverse range of projects worldwide. Their portfolio includes fixed offshore platforms, subsea pipelines and structures, upgrades and modifications, deepwater subsea infrastructure, and decommissioning programs. In the Middle East, they have developed strong relationships with energy companies, further bolstering their position in the region.

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