India-based infrastructure company Larsen & Toubro鈥檚 (L&T) Energy Hydrocarbon business (LTEH) has obtained a letter of intent for an ‘Ultra-Mega’ onshore project from an unnamed major client in the Middle East.
The letter follows another Ultra-Mega project that the company won for a gas compression facility, also located in the Middle East.
L&T chair and managing director SN Subrahmanyan said: 鈥淭his is a huge order that will not only strengthen our balance sheet but also provide impetus to our demonstrated credentials in the Hydrocarbon EPC [engineering, procurement, and construction] space. We are proud of our LTEH team.鈥�
The scope of the project includes the EPC of a gas processing plant within new onshore facilities and the integration of this plant with others in the area.
The plant will feature inlet separation amenities, a booster compression system, a dehydration unit, an amine gas recovery unit, a natural gas liquids recovery unit, a mercury removal unit, and a sales gas compression system.
LTEH senior executive vice-president and director Subramanian Sarma said: 鈥淚n the ever-evolving landscape of the oil and gas sector, this twin win for LTEH demonstrates our execution and delivering capabilities of ultra-mega projects.
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By GlobalData“It drives us to constantly strive for excellence, to innovate, and to deliver solutions that exceed customer expectations.鈥�
The company did not disclose the specific value of this project, but classifies orders as Ultra-Mega if they are worth above Rs150bn.
