L&T's hydrocarbon offshore arm secures over ₹15,000 order from Middle East
, a subsidiary of Larsen & Toubro (L&T), on Tuesday announced it has secured an
ultra-mega order
from an undisclosed Middle Eastern client value at over ₹15,000 crore.
According to an official press release, the contract will see L&T's offshore hydrocarbon business vertical undertaking the engineering, procurement, construction, and installation of multiple
offshore structures
. The scope of work also includes the upgradation of existing facilities, encompassing several offshore packages.
'This ultra-mega order is a testament to the speed and precision with which the hydrocarbon offshore business vertical delivers complex projects across the globe, while adhering to world-class safety practices,' the company said in its statement filed with the stock exchange.
As of 2.10 pm on Tuesday, L&T's shares were trading at ₹3,487.80 on the BSE, up by 1.92 per cent per cent.
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