Larsen and Toubro (L&T) on Wednesday announced that its Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) has received an Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) from QatarEnergy LNG. This, the company said in a regulatory filing, marks the largest single contract ever received by L&T.
The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each comprising of large offshore platforms with compression & power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures to be located at approximately 80 kms off the northeast coast of Qatar.
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SN Subrahmanyan, Chairman & Managing Director, L&T, said, “Securing QatarEnergy LNG’s Ultra Mega Offshore Contract—the largest single order in our history, is a landmark achievement. This prestigious project strengthens our global energy portfolio while supporting Qatar’s energy security objectives.”
Subramanian Sarma, Deputy Managing Director & President, L&T, said, “The award of a project of such nature is a reflection of the confidence & trust placed by QatarEnergy LNG in L&T’s expertise and its ability to deliver such large-scale projects for which L&T is very thankful. This collaboration not only strengthens our partnership but also reaffirms L&T’s commitment to supporting Qatar’s strategic energy objectives through innovative and reliable solutions.”
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
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