L&T Hydrocarbon Engineering (LTHE), a unit of of Larsen & Toubro, has signed an enterprise framework agreement (EFA) with Shell Global Solutions International to provide engineering, procurement and construction management (EPCM) services for Shell projects.
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EPCM services will be provided to Shell projects in the Middle East, South East Asia and India.
L&T Hydrocarbon Engineering managing director and CEO Subramanian Sarma said: “This agreement is in line with our strategic goals and is a breakthrough for our newly formed engineering services business vertical.
“We will combine our engineering expertise with project and risk management skills to provide complete solutions to the customers across the globe.”
The EFA carries a five-year validity.
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By GlobalDataFor any agreements resulting from the EFA, LTHE plans to leverage on its key strengths in engineering and project management to deliver projects for Shell.
LTHE’s engineering office in India will work as the high-value engineering centre for this contract.
Larsen & Toubro specialises in technology, engineering, construction and manufacturing services, and generates annual revenue of more than $16bn.
It operates in nearly 30 countries worldwide.
Last week, LTHE received an onshore EPC contract worth more than Rs11bn ($164m) from the Indian Oil Corporation (IOC).
This contract requires LTHE to set up a 0.740mmtpa fluidised cracking unit, including LPG Treatment Facility at IOC Bongaigaon Refinery in Assam, India.
Image: Shell storage tanks in Singapore. Photo: courtesy of Shell / Flickr.
