L&T signs 'significant' contract for hydrocarbon biz from foreign client

LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers, said the company

Larsen & Toubro
BS Web Team New Delhi
1 min read Last Updated : Jun 13 2023 | 7:19 PM IST
Engineering and construction behemoth Larsen & Toubro (L&T) on Tuesday said its hydrocarbon business L&T Energy Hydrocarbon (LTEH) has secured an offshore project from an overseas client.

The scope of work comprises engineering, procurement, construction, and installation for new offshore structures, said the company through an exchange filing.

"LTEH is executing several domestic and international offshore projects and is committed to building its regional presence in geographies that it operates by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload," it said.

Organised 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, it added.

Larsen & Toubro is an Indian multinational engaged in EPC projects, manufacturing, and services. It operates in over 50 countries worldwide.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Larsen & Toubro (L&T)Larsen & ToubroLarsen & Toubro L&ThydrocarbonL&T HydrocarbonBS Web Reports

First Published: Jun 13 2023 | 7:19 PM IST

Next Story