L&T Hydrocarbon partners US-based Parsons to provide engineering solutions

Two companies will provide engineering and design solutions for onshore and offshore projects across the hydrocarbon, fertiliser, chemicals, and modular plant sectors in the Americas

L&T's Navi Mumbai facility
L&T's Navi Mumbai facility
BS B2B Bureau Mumbai
Last Updated : May 31 2016 | 12:54 PM IST
L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has joined hands with the US-based engineering and construction company Parsons to provide engineering and design solutions for onshore and offshore projects across the hydrocarbon, fertiliser, chemicals, and modular plant sectors.
 
“LTHEs’ broad range of offerings across the hydrocarbon spectrum coupled with Parsons’ strong program management capabilities in the Americas will provide a compelling value proposition to our customers,” said Subramanian Sarma, CEO & MD of LTHE.
 
Mike Walsh, who serves as a group president of Parsons, added, “L&T Hydrocarbon Engineering’s high-value engineering center based in Mumbai and its hydrocarbon expertise, combined with Parsons’ well-established customer relationships, project management and risk management skills, and oil & gas experience in the Americas, provide comprehensive solutions for our customers.”
 
LTHE and Parsons will collaborate to provide customers with conceptual engineering, feasibility studies, front-end engineering design, detailed engineering, specialty and high-end engineering, cost estimating, and engineering, procurement, and construction management services in the Americas.
 
Parsons, which recorded revenues of $3.2 billion in 2015, is an engineering, construction, technical, and management services firm with a focus on infrastructure, industrial, federal, and construction. 
*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

First Published: May 31 2016 | 12:50 PM IST

Next Story