L&T Secures Its Largest Offshore Hydrocarbon Contract

26 Mar 2025 CW Team

Larsen & Toubro (L&T) Hydrocarbon Business has won its largest-ever offshore contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4).

The contract covers engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each featuring large platforms with compression and power generation facilities, living quarters, flare platforms, and interconnected bridges. These will be located 80 km off Qatar’s northeast coast.

“Securing QatarEnergy LNG's Ultra Mega Offshore Contract—the largest single order in our history—is a landmark achievement,” said S N Subrahmanyan, Chairman & Managing Director, L&T. “This prestigious project strengthens our global energy portfolio while supporting Qatar's energy security objectives. I thank QatarEnergy LNG for placing their trust in L&T to deliver this complex and strategically important project. We look forward to setting new benchmarks in project execution that will reinforce Qatar's position as a global LNG leader.”

Subramanian Sarma, Deputy Managing Director & President, L&T, added, “The award of a project of such nature is a reflection of the confidence and trust placed by QatarEnergy LNG in L&T’s expertise and its ability to deliver such large-scale projects for which L&T is very thankful. This collaboration not only strengthens our partnership but also reaffirms L&T's commitment to supporting Qatar's strategic energy objectives through innovative and reliable solutions.”

Equipment

09 Jan 2026

BKT Partners All Teams in India’s Women’s T20 League

Balkrishna Industries (BKT), a global leader in the off-highway tyre market, announced its association as the Official Tyre Partner for all five teams competing in India’s premier women’s T20 championship – Mumbai Indians, Royal Challengers Bangalore, Delhi Capitals, Gujarat Giants, and UP Warriorz – for the upcoming season. This move reinforces BKT’s commitment to using sport as a platform for inclusion, opportunity, and long-term development.These partnerships reflect BKT’s belief in the transformative power of sport, particularly in advancing women’s participation and creating..

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..