Key Quantitative Figures
- Order classification: Ultra-Mega (as per L&T's classification system)
- Order value: Exceeds ₹15,000 crore (based on Ultra-Mega classification threshold)
Project Details
- Client: Prestigious client in the Middle East (name not disclosed)
- Project scope: Development of multiple offshore facilities
- Execution scope: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of offshore facilities
- Fabrication: Significant portion to be carried out at L&T's integrated, world-class manufacturing and fabrication facilities
Strategic Significance
- Reinforces LTEH Offshore's long-standing presence in the Middle East
- Reflects customer confidence in L&T's ability to deliver large and complex offshore projects
- Supports development of critical energy infrastructure for the region's long-term growth ambitions
Execution Capabilities
LTEH Offshore brings integrated in-house capabilities including:
- Engineering
- Project management
- Procurement
- Fabrication
- Installation capabilities
- Dedicated fleet of vessels
Historical Context
Over the past four decades, the business has successfully executed various offshore projects including:
- Fixed platforms
- Subsea pipelines and structures
- Brownfield upgrades and modifications
- Deep water subsea structures and pipelines
- Decommissioning programmes across global markets
Executive Commentary
T Madhava Das, Whole-time Director, Senior Executive Vice President & Head - Energy Hydrocarbon Division:
- Order represents one of the most significant offshore developments currently underway in the Middle East
- Underscores growing investments to meet future energy demand
- Requires deep engineering expertise, integrated project execution capabilities, and flawless coordination across multiple workstreams
Parthasarathi Chatterjee, Senior Vice President & Head – L&T Energy Hydrocarbon Offshore:
- Project involves multiple offshore facilities, subsea infrastructure and substantial fabrication requirements
- LTEH Offshore is uniquely positioned to deliver such complex projects
- Integrated EPCIC approach enables execution with certainty, efficiency, safety and quality focus
Company Background
Larsen & Toubro is a USD 32 billion Indian multinational engaged in:
- EPC Projects
- Hi-Tech Manufacturing
- Products and Services
- Operates across diverse domains and multiple geographies
- Strong focus on AI & technology and customer-focused approach
Order Classification System
L&T's order classification:
- Significant: ₹1,000 to 2,500 crore
- Large: ₹2,500 to 5,000 crore
- Major: ₹5,000 to 10,000 crore
- Mega: ₹10,000 to 15,000 crore
- Ultra-Mega: >₹15,000 crore