L&T Share Price in Focus; Secures Ultra-Mega Offshore Order in Middle East

Larsen & Toubro has secured a new offshore project in the Middle East through its L&T Energy Hydrocarbon Offshore business, as per the exchange filings. The project involves the development of multiple offshore facilities.  

Order Value Above ₹15,000 Crore 

L&T has classified the contract as an Ultra-Mega order. Under the company's order classification, contracts worth more than ₹15,000 crore fall into this category. The exact value of the new order has not been disclosed.   

L&T Energy Hydrocarbon Offshore will handle engineering, procurement, construction, installation and commissioning work. A significant part of the fabrication will be carried out at L&T's manufacturing and fabrication facilities.  

Offshore Facilities and Subsea Work 

The project includes multiple offshore facilities, subsea infrastructure and substantial fabrication work. 

L&T said its offshore business has more than four decades of experience in projects involving fixed platforms, subsea pipelines and structures, brownfield upgrades and modifications, deep-water subsea structures and pipelines, as well as decommissioning programmes.  

Management Comments 

T Madhava Das, Whole-time Director, Senior Executive Vice President and Head of L&T's Energy Hydrocarbon Division, said the project is among the significant offshore developments underway in the Middle East. He also said the size of the project requires engineering expertise and coordination across different workstreams.  

Parthasarathi Chatterjee, Senior Vice President and Head of L&T Energy Hydrocarbon Offshore, said the offshore facilities, subsea infrastructure and fabrication requirements make the project large and complex.  

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L&T Share Price Performance  

As of 17 August 2026, at 2:10 PM, Larsen & Toubro share price is trading at ₹4,060 per share, reflecting a surge of 0.074% from the previous trading session. 

Conclusion 

L&T has secured an Ultra-Mega offshore order in the Middle East, placing the contract in the company's above ₹15,000 crore category. The project covers offshore facilities, subsea infrastructure and fabrication work. 

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