L&T bags ultra-mega project order from ADNOC Offshore
New Delhi, Aug. 4 -- L&T Energy Hydrocarbon Offshore (LTEH Offshore) secured an ultra-mega order from ADNOC Offshore for a major project located in the Middle East.
According to the company, under L&T's project classification system, an order rated as "Ultra-Mega" carries a total value exceeding Rs 15,000 crore. Other project tiers include Significant (Rs 1,000 to 2,500 Cr), Large (Rs 2,500 to 5,000 Cr), Major (Rs 5,000 to 10,000 Cr), and Mega (Rs 10,000 to 15,000 Cr).
The project involves the development of multiple offshore facilities. LTEH Offshore will serve as the lead partner in a consortium arrangement through which the development works will be executed. As the lead partner, LTEH Offshore will execute the major share of the proj...
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