L&T Secures Largest Ever 'Ultra Mega' Single Offshore Contract Worth Over Rs 15,000 Crore From Qatar Energy

Indian construction and engineering major Larsen & Toubro (L&T) has secured the largest single contract in its history.

The 'Ultra Mega' offshore contract was awarded to L&T by QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4), the company said in a release.

Though the company has not revealed the exact value of the orders, the contracts fall under 'Ultra Mega' category that exceeds the value of Rs 15,000 crore.

"QatarEnergy LNG, the world’s premier LNG company, has awarded an Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) marking the largest single contract ever received by L&T," the company said in the release.

The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each comprising of large offshore platforms with compression and power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures to be located at approximately 80 kms off the northeast coast of Qatar, the company added.

Commenting on the development, S N Subrahmanyan, chairman and managing director of L&T, said “Securing QatarEnergy LNG's Ultra Mega Offshore Contract—the largest single order in our history, is a landmark achievement. This prestigious project strengthens our global energy portfolio while supporting Qatar's energy security objectives. I thank QatarEnergy LNG for placing their trust in L&T to deliver this complex and strategically important project. We look forward to setting new benchmarks in project execution that will reinforce Qatar's position as a global LNG leader".

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