Indian Firm Clinches Mega Offshore Order in the Middle East

Wednesday, November 22, 2023

India-based L&T Energy Hydrocarbon – LTEH, the hydrocarbon business of Larsen & Toubro (L&T) has received a Letter of Intent for a "mega" offshore order from an unnamed "prestigious client in the Middle East."

For LTEH, a 'mega' contract means the contract is valued between ₹C 10,000 and 15,000 (~$1,2 billion and $1,8 billion).

The scope of work comprises engineering, procurement, construction, and installation of a new large offshore platform and brownfield work of integration with existing facilities.

Commenting on the award, Mr Subramanian Sarma, Whole-time Director and Senior Executive Vice President (Energy), L&T said, “This mega order from a new customer reaffirms global acknowledgment of our capabilities and marks a key milestone for our offshore business. Our focus continues to be on enhancing competencies and leveraging opportunities arising from our core markets.” 

Categories: Energy Middle East Industry News Activity Asia

Related Stories

ABL on Tow Job for Mero 3 FPSO’s Voyage to Brazil

ClassNK Greenlights Multi-Functional Floating Wind Support Vessel Design

NYK Places Order for its First Japan-built Offshore Wind CTV

Current News

Ørsted Installs All Offshore Wind Turbines for 900MW Projects in Taiwan

Viaro Energy Grows North Sea Oil and Gas Portfolio

Jozwiak Joins GLO Marine as Green Transition Lead

Vaalco Plans Baobab FPSO Upgrade Following Svenska Petroleum Acquisition

Subscribe for OE Digital E‑News