L&T signs ‘significant’ contract for hydrocarbon biz from foreign client

Engineering and construction behemoth Larsen & Toubro (L&T) on Tuesday said its hydrocarbon business L&T Energy Hydrocarbon (LTEH) has secured an offshore project from an overseas client.

The scope of work comprises engineering, procurement, construction, and installation for new offshore structures, said the company through an exchange filing.

“LTEH is executing several domestic and international offshore projects and is committed to building its regional presence in geographies that it operates by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload,” it said.