L&T Wins (Significant*) Contract for its Hydrocarbon Business
Mumbai, Jun 14, 2023: The Hydrocarbon business of Larsen & Toubro (L&T), has secured an offshore project from a prestigious overseas client.
The scope of work comprises Engineering, Procurement, Construction & Installation for new offshore structures.
L&T Energy Hydrocarbon 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.
Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, LTEH 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.
Background:
Larsen & Toubro is a USD 23 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
* Project Classification
| Classification | Significant | Large | Major | Mega |
| Value in ₹ Cr | 1000 to 2500 | 2500 to 5000 | 5000 to 7000 | >7000 |