78.00 (1.95%) Larsen & Toubro’s (L&T) business vertical -- L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order from ADNOC Offshore for a major project in the Middle East. The project will be executed through a consortium arrangement, with LTEH Offshore serving as the lead partner. The project involves the development of multiple offshore facilities. L&T has categorized the order as an ultra-mega order, with a value above Rs 15,000 crore.
As the lead consortium partner, LTEH Offshore will execute the major share of the project scope, covering engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, in addition to the upgrade of existing facilities. A significant portion of the fabrication work will be undertaken at L&T's state-of-the-art fabrication yards, leveraging the company's integrated EPCIC capabilities and extensive track record in delivering large and complex offshore developments across the region.
Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.