
“Larsen & Toubro's Energy Hydrocarbon Offshore (LTEH Offshore) business has secured an ultra-mega offshore contract from ADNOC Offshore for a major project in the Middle East.”
Larsen & Toubro's Energy Hydrocarbon Offshore (LTEH Offshore) division has been awarded an ultra-mega contract by ADNOC Offshore for a major offshore development project in the Middle East. Under the company's classification, an ultra-mega order represents a contract valued at more than rupee 15,000 crore.
The project will be executed by a consortium led by LTEH Offshore and includes the engineering, procurement, construction, installation, and commissioning (EPCIC) of multiple offshore facilities, along with the upgrade of existing infrastructure.
Investors will closely monitor the execution timeline of the ADNOC Offshore project and its contribution to L&T's order book and revenue visibility over the coming years. Future order inflows from the Middle East energy sector and progress on ongoing offshore projects will also remain key areas of focus.
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