L&T wins orders from Middle East for Hydrocarbon Business

The Hydrocarbon vertical (L&T Energy Hydrocarbon - LTEH) of Larsen & Toubro (L&T), has secured an onshore order and an offshore order from a prestigious client in the Middle East.

The scope of work for the onshore order comprises of engineering, procurement, & construction of an Enclosed Ground-Flare system and demolition of existing facilities, reducing flame and smoke visibility to the nearby ongoing large scale residential developments.

The offshore order involves mainly brownfield work including upgradation of shutdown systems in existing offshore platforms.

L&T Energy Hydrocarbon is executing several domestic and international 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.

Organised under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT) and Offshore Wind Farm Business Groups, LTEH offers integrated design-tobuild solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, LTEH has been setting global benchmarks in all aspects of project management, corporate governance, quality, health safety environment (HSE) and operational excellence.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3299.40 as compared to the previous close of Rs. 3324.95. The total number of shares traded during the day was 67225 in over 8868 trades.

The stock hit an intraday high of Rs. 3338.00 and intraday low of 3288.00. The net turnover during the day was Rs. 222404593.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin Energy HydroCarbon MiddleEast