The construction giant, Larsen & Toubro’s (L&T’s) offshore hydrocarbon business has secured an order worth more than Rs 15,000 crore from ADNOC Offshore for a major project in the West Asia.
Under the project, the execution will be done through a consortium arrangement. LTEH Offshore will be serving as the lead partner.
As per the information shared by the L&T, the project involves the development of multiple offshore facilities. LTEH Offshore will execute the major share of the project scope, covering engineering, procurement, construction, installation and commissioning (EPCIC) of theoffshore facilities, in addition to the upgrade of existing facilities.
Chairman & Managing Director of Larsen & Toubro Limited, S N Subrahmanyan, said, “This prestigious award from ADNOC reflects the trust our clients place in L&T’s engineering excellence, project execution capabilities and unwavering commitment to delivering complex energy infrastructure projects safely and on schedule.”
“As a long-standing partner in the region, we remain committed to supporting the UAE’s energy ambitions through innovative, sustainable and world-class offshore solutions,” he added.
LTEH Offshore is a leading EPCIC solutions provider for offshore oil and gas industry.
Supported by robust in-house engineering capabilities, world-class fabrication facilities and a dedicated fleet of marine vessels, it has successfully delivered complex shallow-water and deep-water field developments across geographies.
Over the past four decades, the business has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades and decommissioning jobs.
L&T has reported 14 percent increase in net profit at Rs 4,123 crore for the quarter ended June 30, 2026. Company’s robust performance in the domestic market helped overcome the impact from the Middle East conflict.
The revenue is higher as compared to the net profit of Rs 3,617 crore in the year-ago period. “International orders stood at Rs 60,702 crore, contributing 56% to the total order inflow,” said the company in a stock exchange filing.