L&T Secures Largest-Ever Offshore Contract from QatarEnergy LNG
OIL & GAS

L&T Secures Largest-Ever Offshore Contract from QatarEnergy LNG

Larsen & Toubro’s Hydrocarbon Business, L&T Energy Hydrocarbon (LTEH), has won its biggest-ever contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4). This Ultra Mega Offshore Contract marks a major milestone for L&T in the global LNG sector.

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

According to Axis Capital, the project is part of QatarEnergy's plan to expand LNG production capacity from 70 million tonnes per annum (MTPA) to 126 MTPA. L&T has already disclosed approximately Rs 350 billion in core orders for Q4FY25. The company reported strong Q3FY25 results, with a notable core order inflow and 20% core revenue growth. Looking ahead, L&T's FY26 prospect pipeline is expected to indicate an 8%-10% growth. 


(ANI)
         

Larsen & Toubro’s Hydrocarbon Business, L&T Energy Hydrocarbon (LTEH), has won its biggest-ever contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4). This Ultra Mega Offshore Contract marks a major milestone for L&T in the global LNG sector.The contract involves engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, featuring large platforms with compression and power generation facilities, living quarters, flare platforms, interconnected bridges, and other related structures. These will be located about 80 kilometers off Qatar’s northeast coast.According to Axis Capital, the project is part of QatarEnergy's plan to expand LNG production capacity from 70 million tonnes per annum (MTPA) to 126 MTPA. L&T has already disclosed approximately Rs 350 billion in core orders for Q4FY25. The company reported strong Q3FY25 results, with a notable core order inflow and 20% core revenue growth. Looking ahead, L&T's FY26 prospect pipeline is expected to indicate an 8%-10% growth. (ANI)         

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?