L&T bags ultra-mega order for hydrocarbon offshore business in Middle East

L&T Energy Hydrocarbon Offshore has secured an ultra-mega order worth from an unnamed Middle Eastern entity.

Larsen & Tourbo has classified the order under its 'ultra-mega' category, implying that the order value is more than Rs 15,000 cr.

The company's hydrocarbon offshore business vertical will take up engineering, procurement, construction (EPC) and installation of offshore structures, along with the upgradation of existing facilities under the order. This order collectively includes multiple offshore packages.


"This ultra-mega order is a testament to the speed and precision with which the Hydrocarbon Offshore business vertical delivers complex projects across the globe, while adhering to world-class safety practices," L&T said in a stock exchange filing.

Shares of Larsen & Toubro Ltd. traded at Rs 3,417 on BSE as on 10:50 AM on Tuesday, after declining for 0.13%.