Larsen & Toubro's Hydrocarbon Business has bagged an ultra-mega onshore order exceeding ₹150 billion from a prestigious Middle Eastern client. The contract includes engineering, procurement, and construction of a gas processing plant, further strengthening L&T's position in the global hydrocarbon EPC sector.
Larsen & Toubro Limited (L&T) announced a landmark win for its Hydrocarbon Business vertical, securing a Letter of Intent (LoI) for an ultra-mega onshore project valued at over ₹150 billion (₹15,000 crore). The order originates from a prestigious client in the Middle East and encompasses execution of multiple facets in hydrocarbon processing infrastructure.
This ultra-mega classification is reserved for projects of ₹15,000 crore and above, underlining the massive scale of the contract. The scope covers engineering, procurement, and construction (EPC) of complex gas processing facilities, including inlet separation, gas compression systems, amine gas recovery, dehydration, mercury removal, NGL recovery units, and integration with existing plants.
Notable Updates
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Order value: Exceeds ₹150 billion, classified as an "Ultra-Mega" project by L&T standards.
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Scope: Comprehensive EPC for a gas processing plant and integration with current gas infrastructure.
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Regional focus: Awarded by a renowned Middle Eastern oil and gas entity.
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Hydrocarbon vertical: L&T Energy Hydrocarbon (LTEH) leverages advanced value engineering, modular fabrication, and construction services to execute this and other global projects.
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Leadership comments: L&T Chairman & MD S N Subrahmanyan praised the order as a testament to the team’s execution capabilities in massive hydrocarbon projects. Executive Vice President Subramanian Sarma highlighted this as motivation to maintain excellence and innovate continuously.
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Strategic significance: The project strengthens L&T's leadership in hydrocarbon EPC space, showcasing its expanding footprint in high-value energy infrastructure.
Major Takeaways
This ultra-mega order affirms L&T’s reputation as a global EPC powerhouse capable of handling large-scale, technically complex hydrocarbon projects.
The award boosts L&T’s revenue visibility and backlog while enhancing its credentials in a highly competitive and strategic oil and gas market.
L&T's ongoing investments in manufacturing and fabrication facilities in India and the GCC region complement its capacity to meet project demands and support global expansion.
Strengthening India’s role in global hydrocarbon project execution, L&T exemplifies the emerging engineering capabilities from the country in high-tech energy sectors.
This significant milestone cements Larsen & Toubro’s standing as a premier hydrocarbon EPC contractor with a proven track record of delivering technically challenging and large-value projects worldwide.
Sources: Larsen & Toubro official press releases, Economic Times, Construction World, Offshore Energy, Moneycontrol.