The Hydrocarbon business of Larsen & Toubro (L&T), announced in a statement that it has secured two offshore projects 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 significant project is in the range of Rs 10 to 25 billion (1$=75.2 Rs).
The scope of work comprises Engineering, Procurement, Construction, Installation and Commissioning for the expansion of a marine terminal and replacement of electrical switchgear and protection equipment at existing facilities.
L&T is currently executing several domestic and international offshore projects. The company 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.
The Hydrocarbon business organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, offers integrated design-to-build solutions to domestic and international customers. With over three decades of rich experience, the business has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence.
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)
