India-based infrastructure company Larsen & Toubro’s (L&T) Energy Hydrocarbon business (LTEH) has obtained a letter of intent for an ‘Ultra-Mega’ onshore project from an unnamed major client in the Middle East.
The letter follows another Ultra-Mega project that the company won for a gas compression facility, also located in the Middle East.
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L&T chair and managing director SN Subrahmanyan said: “This is a huge order that will not only strengthen our balance sheet but also provide impetus to our demonstrated credentials in the Hydrocarbon EPC [engineering, procurement, and construction] space. We are proud of our LTEH team.”
The scope of the project includes the EPC of a gas processing plant within new onshore facilities and the integration of this plant with others in the area.
The plant will feature inlet separation amenities, a booster compression system, a dehydration unit, an amine gas recovery unit, a natural gas liquids recovery unit, a mercury removal unit, and a sales gas compression system.
LTEH senior executive vice-president and director Subramanian Sarma said: “In the ever-evolving landscape of the oil and gas sector, this twin win for LTEH demonstrates our execution and delivering capabilities of ultra-mega projects.
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By GlobalData“It drives us to constantly strive for excellence, to innovate, and to deliver solutions that exceed customer expectations.”
The company did not disclose the specific value of this project, but classifies orders as Ultra-Mega if they are worth above Rs150bn.
