Published On:February 14 2024
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L&T Secures Orders for Hydrocarbon Business

Larsen & Toubro Ltd. witnessed a 0.76 percent increase in its shares following the announcement of significant wins in its Hydrocarbon vertical. The company secured both onshore and offshore orders from a client in the Middle East.

The onshore order involves the engineering, procurement, and construction of an Enclosed Ground-Flare system. Additionally, it includes the demolition of existing facilities, aimed at reducing flame and smoke visibility to nearby large-scale residential developments. Conversely, the offshore order primarily focuses on brownfield work, entailing the upgrading of shutdown systems in existing offshore platforms.

L&T Energy Hydrocarbon, the division responsible for executing domestic and international projects, is committed to enhancing its regional presence in the geographies it operates in. Offering design-to-build solutions across the hydrocarbon sector to domestic and international clients, LTEH is organized under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), and Offshore Wind Farm Business Groups.

With over three decades of experience, LTEH has set global benchmarks in project management, corporate governance, quality, health safety environment (HSE), and operational excellence.

HBL





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