MoneyWorks4Me

Larsen & Toubro’s arm enters into agreement with Parsons

31 May 2016 Evaluate

L&T Hydrocarbon Engineering (LTHE), a leading engineering a construction company and a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered a teaming agreement with Parsons to provide engineering and design solutions for onshore and offshore projects across the hydrocarbon, fertilizer, chemicals and modular plant sectors.

LTHE and Parsons will collaborate to provide customers with conceptual engineering, feasibility studies, front-end engineering design, detailed engineering, specialty and high-end engineering, cost estimating, and engineering, procurement and construction management services in the Americas.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with USD 16 billion in revenue. It operates in over 30 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 over seven decades.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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