L&T Hydrocarbon Arm Wins 'Large' Contracts Worth Up To Rs 5,000 Crore From Overseas Client
The Hydrocarbon division of L&T Energy has secured three offshore packages from an overseas client, the company said in a release on Thursday (23 June).
"The scope of work comprises Engineering, Procurement, Construction, and Installation for various new offshore jacket structures," the company said.
Though the company has not revealed the exact value of the order, the contracts falls under 'large' category which ranges between Rs 2,500 crore to Rs 5,000 crore.
"L&T Energy Hydrocarbon (LTEH) has executed orders for this client in the past and repeat business is a testimony to L&T’s “Execution Par Excellence” philosophy," it added.
The company said this it 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 experience, the company has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence, the release said.
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