Published On:November 1 2023
Story Viewed 880 Times
"L&T Secures ₹15,000 Crore Ultra Mega Offshore Project in the Middle East"
Larsen & Toubro (L&T) announced its latest triumph recently as the company secured yet another ultra mega offshore project, valued at over ₹15,000 crore, in the Middle East. These projects, each surpassing the ₹15,000 crore threshold, have been designated under the "ultra-mega" category by the company.
In an official statement, L&T disclosed that its Hydrocarbon Business (L&T Energy Hydrocarbon LTEH) had obtained a Letter of Intent for this latest Ultra-Mega Onshore project from a prestigious client in the Middle East. This success follows a recent Ultra-Mega project win for a Gas Compression plant.
The scope of the project encompasses procurement and construction for a gas processing plant, encompassing inlet separation facilities, a booster compression system, and other integral components within new onshore facilities. This facility will also be integrated with existing gas processing plants.
Larsen & Toubro, a multinational enterprise with a valuation of USD 23 billion, operates in more than 50 countries across the globe. This achievement underscores the company's commitment to taking on large-scale projects in the hydrocarbon sector, contributing to its strong presence in the international market.
BS