Larsen & Toubro, India announced in a statement that a consortium led by L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured two offshore packages from a prestigious overseas client.
The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the mega project is in the range of over Rs 70 billion (1$=73.7 Rs).
The scope of work comprises EPC for new facilities and integration with existing installations.
LTHE is currently executing several domestic and international offshore projects. LTHE is also 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.
Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, LTHE offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, the company has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence, statement mentioned.
Earlier, during 2019, Saudi Aramco awarded $1 billion EPCI contract to the consortium LTHE and EMAS AMC (A Subsea7 Company) in the Marjan Field (read more)
