The hydrocarbon arm of Indian engineering conglomerate Larsen & Toubro (L&T) has received a contract for work on QatarEnergy LNG’s North Field production sustainability offshore compression project.
According to a regulatory filing, the contract is the largest single contract ever received by the company. The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes.
Each complex comprises large offshore platforms with compression and power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures. They will be located some 80 km off the northeast coast of Qatar.
The company did not disclose full financial details, but it did state that it was an “ultra mega” order, which is the highest classification saved only for contracts above ₹15,000 crore ($1.75bn).
“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,” said S.N. Subrahmanyan, chairman and managing director of L&T.
We give you energy news and help invest in energy projects too, click here to learn more
