Larsen & Toubro Limited has informed the Exchange about L&T Wins (Ultra-Mega*) Order for Hydrocarbon Offshore Business
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L&T's Hydrocarbon Offshore business vertical has secured an Ultra-Mega order from a prestigious client in the Middle East. Ultra-Mega is L&T's highest internal classification, meaning the order value exceeds ₹15,000 crore (roughly $1.8 billion). The scope covers multiple offshore packages including engineering, procurement, construction and installation of offshore structures, along with upgradation of existing facilities. The client name has not been disclosed. L&T's Hydrocarbon Offshore vertical specialises in EPCIC solutions for offshore oil and gas, with experience in both shallow and deep-water field developments over three decades.
This is a sizable export order that should strengthen L&T's order book and provide strong revenue visibility for its hydrocarbon segment. For shareholders, it signals continued international order flow momentum, though the unnamed client and offshore execution risks remain key variables to watch.