Larsen & Toubro’s (L&T) hydrocarbon business, L&T Energy Hydrocarbon (LTEH), has won its largest-ever contract from Qatar Energy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4). The Ultra Mega Offshore Contract marks a major milestone for L&T in the global liquefied natural gas (LNG) sector.
L&T said in a statement that the contract includes engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes. Each complex will feature large offshore platforms equipped with compression and power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures. The installations will be located approximately 80 km off the northeast coast of Qatar.
S.N. Subrahmanyan, Chairman & Managing Director of L&T, called the contract a “landmark achievement” and the largest single order in the company’s history.
“This prestigious project strengthens our global energy portfolio while supporting Qatar’s energy security objectives,” Subrahmanyan said. “We thank Qatar Energy LNG for their trust in L&T to deliver this complex and strategically important project. We look forward to setting new benchmarks in execution that will reinforce Qatar’s position as a global LNG leader.”
Subramanian Sarma, Deputy Managing Director & President of L&T, echoed similar sentiments, highlighting the trust and confidence QatarEnergy LNG has placed in L&T’s expertise.
“This collaboration not only strengthens our partnership but also reaffirms L&T’s commitment to supporting Qatar’s strategic energy objectives through innovative and reliable solutions,” Sarma said.
According to a report by Axis Capital, the contract is part of QatarEnergy’s broader plan to expand LNG production from 70 million tonnes per annum (MTPA) to 126 MTPA.
The report also noted that L&T has disclosed approximately ₹350 billion in core orders for Q4FY25. The company delivered a strong Q3FY25 performance, with a 20% growth in core revenue and a significant increase in core order inflows.
Looking ahead, L&T’s FY26 order pipeline will be a key growth indicator, with an expected 8-10% increase in business prospects.
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