L&T wins (Significant*) Orders for its Hydrocarbon Business 28th Nov 2022

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L&T
L&T wins (Significant*) Orders for its Hydrocarbon Business 28th Nov 2022

Highlights:

·         L&T’s execution excellence spanning across the entire Hydrocarbon value chain and reinforces its leadership position as a one-stop solution provider.

·         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 approx. 42 kms subsea pipelines and associated subsea works across India’s west coast offshore fields of ONGC.

·         Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers.

L&T wins (Significant*) Orders for its Hydrocarbon Business

India, November 28, 2022: The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of L&T 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 Limited (BGEPL, part of Shell Plc Group of Companies). The contract scope of work involves Engineering, Preparation, Removal and Transportation of five

(5) 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 approx. 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.

Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, the company has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence.

Background:

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality has enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

*Project Classification

ClassificationSignificantLargeMajorMega
Value in ₹ Cr1,000 to 2,5002,500 to 5,0005,000 to 7,000>7,000

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