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BUSINESS

L&T Tech Services Bags $100 Mn Contract from Global O&G Major

L&T Technology Services (LTTS) on Thursday announced that it has been selected as a primary engineering partner by global Oil & Gas (O&G) major for supporting two of its integrated refining and chemicals manufacturing facilities in USA.
The five-year engagement has a potential value of over $ 100 million and under it, LTTS will be providing multi-discipline plant engineering activities with site sustenance and control automation support. This will leverage O&G major’s in-house digital engineering tools and new age technology & solutions for optimising project execution and driving efficiency improvements for customers. Both the sites covered under this engagement by the engineering services company are integrated refining, chemical and polymer complexes that are currently ranked in the top 10 biggest downstream sites in the US.
“Our focus on multi vertical, large engagements with customer intimacy, leveraging digital and new age technologies is yielding the desired outcomes. This latest instance of a major customer awarding LTTS a large multi-year program is testimony to our global plant engineering expertise,” said Keshab Panda, CEO and Managing Director, L&T Technology Services Ltd. Engineers have a unique appreciation of challenges and opportunities in the energy and chemical industry. We are excited to engage with our customer for delivering value to improve operational efficiency, he added.

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