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L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra mega order from a prestigious client in the Middle East. The project involves the development of multiple offshore facilities. According to the company's project classification, the order is valued above Rs 15000 crore.
LTEH Offshore will execute the project scope encompassing engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities. A significant portion of the fabrication activities will be carried out at L&T's integrated, world-class manufacturing and fabrication facilities.
The award reinforces LTEH Offshore's long-standing presence in the Middle East and reflects the confidence placed by customers in its ability to deliver large and complex offshore projects safely, on schedule and to the highest quality standards.
Backed by integrated in-house engineering, project management, procurement, fabrication and installation capabilities and a dedicated fleet of vessels, LTEH Offshore has delivered some of the region's most challenging offshore developments. Over the past four decades, the business has successfully executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades and modifications, deep water subsea structures and pipelines, and decommissioning programmes across global markets.
The project involves the development of multiple offshore facilities.
LTEH Offshore will execute the project scope encompassing engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities. A significant portion of the fabrication activities will be carried out at L&T's manufacturing and fabrication facilities.
T Madhava Das, whole-time director, senior executive vice president & head - energy hydrocarbon division, Larsen & Toubro, said: 'The order represents one of the most significant offshore developments currently underway in the Middle East and underscores the growing investments being made to meet future energy demand.
The scale and complexity of the project call for deep engineering expertise, integrated project execution capabilities and flawless coordination across multiple workstreams.'
As per L&T's internal classification, the value of this 'ultra-mega' contract is more than Rs 15,000 crore.
Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services, operating across diverse domains and multiple geographies.
The scrip shed 0.14% to currently trade at Rs 4057 on the BSE.
Vyoma.AI, an Larsen & Toubro company, through its AI infrastructure subsidiary LTN Compute, has secured India's largest single-cluster AI infrastructure — an NVIDIA B300 AI Factory — for a US-based AI cloud innovator. According the company's project classification, the project is valued between Rs 10,000 crore to Rs 15,000 crore.
The AI Factory will power AI Native Cloud platform for large-scale inference, fine-tuning and training workloads, strengthening India's AI infrastructure ecosystem while supporting global innovation.
Vyoma's Chennai data centre campus, a gigawatt-scale AI infrastructure site, with Phase 1 designed for 250 MW and power infrastructure readiness of 150 MVA, provides a scalable foundation for future AI Factory expansion.
The integrated AI Factory, with capacity of 10,000 B300 NVIDIA GPUs, will be hosted at Vyoma's Chennai data centre. The platform combines hyperscale data centre infrastructure, accelerated computing, high-performance networking, ultra-low-latency interconnects, high-throughput parallel storage and AI infrastructure operations, enabling customers to seamlessly deploy and scale AI workloads through a unified, end-to-end AI infrastructure stack.
LTN Compute, a subsidiary of Vyoma.AI, is building AI-ready digital infrastructure across India through hyperscale AI datacentres, sovereign cloud platforms, AI Factory services, GPU as-a-Service (GPUaaS) and managed AI platforms to support governments, enterprises, cloud providers and AI innovators.
Larsen & Toubro has today executed a Business Transfer Agreement (BTA) with Vyoma.AI (Vyoma), a wholly owned subsidiary of the company, for transfer of company's Data Center and Cloud Services Business (DC Business), on a going concern basis, through slump sale, to Vyoma for an aggregate consideration of Rs 1,400 crore, subject to closing adjustments, to be discharged by issue of fully paid equity shares of Vyoma; and the Company, Vyoma and L&T Network Services (LTNSPL), a wholly owned subsidiary of the company, have today executed a Share Purchase Agreement (SPA), pursuant to which, 100% of the equity held by the company in LTNSPL would be divested to Vyoma, for a consideration of Rs 30 crore, subject to closing adjustments, to be discharged by issue of fully paid equity shares of Vyoma.
Upon closing, LTNSPL would become a direct wholly owned subsidiary of Vyoma and indirect wholly owned subsidiary of the company.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured a batch of orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast. According to the company's project classification, the orders are valued in the range of Rs 5,000 crore to Rs 10,000 crore.
PRP-X involves engineering, procurement, construction, installation and commissioning (EPCIC) of multiple subsea pipeline segments, along with associated modification works across ONGC's offshore fields. The Well Head Platforms Project involves EPCIC of four Well Head Platforms.
LTEH Offshore is a leading provider of integrated EPCIC solutions for the offshore oil and gas industry. Supported by robust in-house engineering capabilities, world-class fabrication facilities and a dedicated fleet of marine vessels, it has successfully delivered complex shallow-water and deep-water developments across global markets.
Over the past four decades, the business has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades, as well as decommissioning assignments.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) is a leading provider of integrated EPCIC solutions for the offshore oil and gas industry. Backed by in-house engineering expertise, advanced fabrication facilities and a dedicated fleet of marine vessels, the business has delivered complex shallow-water and deep-water developments across global markets.
Over the past four decades, LTEH Offshore has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades, and decommissioning assignments.
Parthasarathi Chatterjee, Senior Vice President & Head – L&T Energy Hydrocarbon Offshore, said, 'These orders reaffirm LTEH Offshore’s position as a trusted partner in the development of India’s offshore energy infrastructure. They reflect the confidence customers place in our integrated EPCIC capabilities, extensive project execution experience and unwavering commitment to safety and operational excellence. We look forward to delivering these projects to ONGC and contributing to the nation’s energy aspirations.'
L&T had reported a 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26.
The counter shed 0.23% to Rs 4,040.85 on the BSE.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra mega order from ADNOC Offshore for a major project in the Middle East. According to the company's project classification, the value of the order is above Rs 15,000 crore.
The project will be executed through a consortium arrangement, with LTEH Offshore serving as the lead partner. The project involves the development of multiple offshore facilities.
As the lead consortium partner, LTEH Offshore will execute the major share of the project scope, covering engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, in addition to the upgrade of existing facilities.
A significant portion of the fabrication work will be undertaken at L&T's state-of-the-art fabrication yards, leveraging the Company's integrated EPCIC capabilities and extensive track record in delivering large and complex offshore developments across the region.
LTEH Offshore is a leading EPCIC solutions provider for offshore oil and gas industry. Supported by robust in-house engineering capabilities, world-class fabrication facilities and a dedicated fleet of marine vessels, it has successfully delivered complex shallow-water and deep-water field developments across geographies.
Over the past four decades, the business has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades and decommissioning jobs.
The project will be executed through a consortium, with LTEH Offshore serving as the lead partner. The scope includes the development of multiple offshore facilities, with L&T responsible for the majority of the work.
As the lead consortium partner, LTEH Offshore will undertake engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, along with the upgrade of existing infrastructure. A significant portion of the fabrication work will be carried out at L&T's advanced fabrication yards, leveraging the company's integrated EPCIC capabilities and extensive experience in executing large and complex offshore projects.
LTEH Offshore is a leading EPCIC solutions provider for the offshore oil and gas industry, backed by in-house engineering expertise, world-class fabrication facilities and a dedicated fleet of marine vessels. Over the past four decades, the business has successfully delivered a wide range of offshore developments, including fixed platforms, subsea pipelines and structures, brownfield upgrades, and decommissioning projects across global markets.
S N Subrahmanyan, chairman & managing director – Larsen & Toubro, said, 'This prestigious award from ADNOC reflects the trust our clients place in L&T’s engineering excellence, project execution capabilities and unwavering commitment to delivering complex energy infrastructure projects safely and on schedule. As a long-standing partner in the region, we remain committed to supporting the UAE’s energy ambitions through innovative, sustainable and world-class offshore solutions”.
Under the agreement, L&T has been selected as one of four EPC contractors eligible to participate in PDO's upcoming front-end engineering design (FEED) and EPC projects during the six-year contract period.
The company said the agreement further strengthens its long-standing partnership with PDO. L&T will leverage its integrated engineering and execution capabilities, global expertise and innovation to support PDO's future project requirements.
L&T added that it remains committed to supporting In-Country Value (ICV) development in Oman by creating opportunities for local suppliers, subcontractors and service providers, while continuing to develop local capabilities.
L&T Energy Hydrocarbon Onshore is one of India's largest EPC businesses, providing integrated lump-sum turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors. The business has executed refinery expansions, petrochemical complexes, gas processing plants, LNG terminals, fertiliser plants and cross-country pipeline projects across global markets.
Commenting on the development, E S Sathyanarayanan, Senior Vice President & Head - L&T Energy Hydrocarbon Onshore, said: 'This Framework Agreement marks an important milestone in our long-standing association with Petroleum Development Oman. We look forward to supporting PDO's development plans through safe, innovative and sustainable project delivery, while contributing to Oman's long-term energy and economic growth objectives'.
L&T had reported 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26.
The scrip shed 0.14% to Rs 3,932.95 on the BSE.
L&T Energy Hydrocarbon Onshore has signed a six-year engineering, procurement and construction Framework Agreement with Oman's leading oil and gas company, Petroleum Development Oman (PDO), further strengthening the long-standing partnership between the two organisations.
Going by the agreement, L&T has been selected as one of four EPC contractors to participate in PDO's upcoming front-end engineering design and EPC projects over the agreement period. L&T will bring in its integrated engineering and execution capability, global expertise and innovation to support PDO's future project requirements.
L&T remains committed to supporting In-Country Value (ICV) development in Oman through opportunities for local suppliers, subcontractors and service providers, and the continued development of local capabilities.