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L&T secures two offshore orders for Hydrocarbon Business

28 Nov 2022 Evaluate

Larsen & Toubro’s (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon - LTEH) has secured two prestigious offshore orders. The Business has received India’s first contract for decommissioning of offshore facilities from British Gas Exploration and Production India (BGEPL, part of Shell Plc Group of Companies). The contract scope of work involves Engineering, Preparation, Removal and Transportation of five offshore Wellhead Platforms and associated facilities at the Tapti field, off India’s west coast, which is being operated by the Joint Venture of BGEPL, ONGC, and RIL.

The Business has also secured an order from Oil & Natural Gas Corporation (ONGC) for balance works of Pipeline Replacement Project-VI Project (PRP-VI). The scope involves laying of around 42 kms subsea pipelines and associated subsea works across India’s west coast offshore fields of ONGC. These order awards are testimony to L&T’s execution excellence spanning across the entire Hydrocarbon value chain and reinforces its leadership position as a one-stop solution provider.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Larsen & Toubro Share Price

4094.95 -22.40 (-0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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