Larsen & Toubro (L&T) on Thursday announced that its hydrocarbon onshore business has won an 'ultra-mega' order for setting up a Natural Gas Liquids plant allied facilities in the Middle East. As per the company standards, an order exceeding Rs 15,000 crore in value is classified as 'ultra-mega'.
The order is in association with with the Greece-headquartered Consolidated Contractors Group S.A.L. (Offshore) (CCC). As the lead partner, L&T will be responsible for engineering and procurement, while CCC will handle the construction activities.
The scope of work encompasses engineering, procurement, construction, installation and commissioning of a Natural Gas Liquids plant and allied facilities for processing Rich Associated Gas (RAG). This also involves all associated utilities and off-site and integration with existing facilities under the project.
"The ultra-mega order reaffirms L&T’s position as a trusted partner in delivering mega energy infrastructure. It underscores our growing global footprint and ability to execute projects of high complexity in partnership with leading players like CCC," S N Subrahmanyan, Chairman & MD said.
The RAG sourced from offshore and onshore oil fields will be treated at the plant to remove impurities like H2S, CO2 and H2O, producing value-added products such as lean sales gas, ethane, propane, butane and hydrocarbon condensate, the company informed in a stock exchange filing.
"This project is not just about scale but is also about bringing in advanced engineering, long-term reliability measures and complex brownfield interfaces to deliver value-added products," Subramanian Sarma, Deputy MD & President, said.
The order strengthens L&T’s role in shaping energy security, while deepening the relationship with Oil & gas companies through world-class execution, Sarma added.
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The order is in association with with the Greece-headquartered Consolidated Contractors Group S.A.L. (Offshore) (CCC). As the lead partner, L&T will be responsible for engineering and procurement, while CCC will handle the construction activities.
The scope of work encompasses engineering, procurement, construction, installation and commissioning of a Natural Gas Liquids plant and allied facilities for processing Rich Associated Gas (RAG). This also involves all associated utilities and off-site and integration with existing facilities under the project.
"The ultra-mega order reaffirms L&T’s position as a trusted partner in delivering mega energy infrastructure. It underscores our growing global footprint and ability to execute projects of high complexity in partnership with leading players like CCC," S N Subrahmanyan, Chairman & MD said.
The RAG sourced from offshore and onshore oil fields will be treated at the plant to remove impurities like H2S, CO2 and H2O, producing value-added products such as lean sales gas, ethane, propane, butane and hydrocarbon condensate, the company informed in a stock exchange filing.
"This project is not just about scale but is also about bringing in advanced engineering, long-term reliability measures and complex brownfield interfaces to deliver value-added products," Subramanian Sarma, Deputy MD & President, said.
The order strengthens L&T’s role in shaping energy security, while deepening the relationship with Oil & gas companies through world-class execution, Sarma added.
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