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Larsen & Toubro inks pact with KBR for refinery, petrochemical projects

The memorandum of understanding (MoU) has been signed by L&T Hydrocarbon Engineering

Larsen and Toubro
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Larsen & Toubro is an Indian multinational firm engaged in technology, engineering, construction, manufacturing and financial services with over $21 billion in revenue.

Press Trust of India New Delhi
Engineering and construction giant Larsen & Toubro (L&T) on Monday said it has inked pact with KBR to build modular process plants for refinery and petrochemical projects.

The memorandum of understanding (MoU) has been signed by L&T arm L&T Hydrocarbon Engineering (LTHE).

"L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR to build Modular Process Plants for refinery and petrochemical projects," the conglomerate said in a statement.

Under the terms of the agreement, KBR and LTHE will collaborate to develop business opportunities and LTHE will exclusively bid for KBR's