India’s Larsen & Toubro (L&T) has awarded a contract to Spain-headquartered PVH to supply solar trackers for the world’s largest green hydrogen project in NEOM, Saudi Arabia. The plant, owned by NEOM Green Hydrogen Co (NGHC), is located at Oxagon within NEOM. NGHC is an equally owned joint venture between ACWA Power, NEOM, and US-based Air […]
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L&T to bid for $20 billion oil and gas projects, head of energy says
Indian EPC giant L&T will bid for hydrocarbon orders worth $20 billion in the current fiscal year and hopes to convert 15% to 20% of bids into executable orders, Subramanian Sarma, whole-time director and senior executive vice president of Energy, told Moneycontrol. Sarma said L&T has a “strong order pipeline,” which gives the company a […]
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L&T’s oil and gas unit secures about $300 million EPC offshore contract
Indian EPC giant Larsen & Toubro‘s (L&T) hydrocarbon unit announced today that it has secured an offshore contract worth $122 to $304 million approximately from a “prestigious overseas client.” The scope of work comprises engineering, procurement, construction, and installation for new offshore structures. L&T is executing several domestic and international offshore projects and is committed […]
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L&T awards major contract for futuristic NEOM megaproject
Larsen & Toubro (L&T) has awarded a contract to Grid Solutions, an integral part of the GE Vernova portfolio of energy businesses, to supply gas-insulated substations (GIS) for the world’s largest utility-scale hydrogen plant to be powered entirely by renewable energy. In December 2022, NEOM Green Hydrogen Co (NGHC) named Indian contractor L&T as the sub-EPC contractor for its […]
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L&T secures first-ever ‘green guarantee’ for NEOM megaproject
Standard Chartered has provided the first-ever green guarantee for Larsen and Toubro’s (L&T) work on the NEOM Green Hydrogen Co (NGHC) megaproject in Saudi Arabia. The guarantee covers L&T Saudi Arabia’s involvement in designing, supplying locally, constructing, and commissioning renewable and grid packages. International supplies will be handled by L&T’s subsidiary, LTIFZE. The project aims […]
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L&T announces major milestones for NEOM green hydrogen plant
The power transmission & distribution arm of Indian engineering major L&T has achieved important milestones for the power elements and grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close, […]
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L&T secures major contracts in Saudi Arabia
Indian EPC giant Larsen & Toubro (L&T) has recently secured EPC orders in Saudi Arabia, the company announced in a press release today. L&T’s power transmission and distribution (PT&D) Business has secured two orders to establish 380kV overhead power transmission lines connecting prominent cities situated on the Red Sea coast. These systems will strengthen projects […]
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Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
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L&T secures major EPC contract for UAE substation
Indian construction and engineering giant Larsen & Toubro (L&T) announced on Tuesday that its construction division has secured engineering, procurement and construction (EPC) order from the UAE for grid infrastructure projects. The company said in a press statement that in the UAE, L&T Construction’s Power Transmission & Distribution (PT&D) business won an order to supply, […]
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L&T’s oil and gas unit wins significant EPC contract
The hydrocarbon business of Larsen & Toubro (L&T) announced today that it secured an order under its AdVENT (Advanced Value Engineering and Technology) business vertical. The EPC order is for nitrate plants at Gadepan, Kota, Rajasthan from Chambal Fertilisers and Chemicals Limited (CFCL), a leading fertilizer company in India. The plants, having capacities of approximately […]
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