L&T Energy Hydrocarbon Onshore Secures Six-Year EPC Framework Agreement with Petroleum Development Oman
Larsen & Toubro (L&T) has signed a six-year Engineering, Procurement and Construction (EPC) Framework Agreement with Petroleum Development Oman (PDO), Oman's leading oil and gas company. This agreement strengthens the partnership between the two organizations.Under the framework, L&T has been selected as one of four EPC contractors to participate in PDO's future front-end engineering design and EPC projects throughout the duration of the agreement. The contract allows L&T to leverage its integrated engineering and execution capability, global expertise, and innovation to meet PDO's upcoming project requirements.
L&T is also committed to supporting In-Country Value (ICV) development in Oman. This commitment includes providing opportunities for local suppliers, subcontractors, and service providers while assisting in the continued growth of local capabilities.
E S Sathyanarayanan, Senior Vice President and Head of L&T Energy Hydrocarbon Onshore, commented on the partnership, stating, "This Framework Agreement marks an important milestone in our long-standing association with Petroleum Development Oman. We look forward to supporting PDO's development plans through safe, innovative and sustainable project delivery, while contributing to Oman's long-term energy and economic growth objectives."
L&T Energy Hydrocarbon Onshore operates as one of India's largest EPC businesses, delivering integrated Lump Sum Turnkey solutions across the upstream, midstream, and downstream hydrocarbon sectors. The company possesses a strong global track record, having successfully completed projects such as refinery expansions, petrochemical complexes, gas processing plants, LNG terminals, fertilizer plants, and cross-country pipeline projects.
Larsen & Toubro, operating globally, is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products, and Services.
Petroleum Development Oman serves as the principal exploration and production company in the Sultanate of Oman. It supplies the majority of the country's crude oil and natural gas and plays a critical role in sustaining Oman's energy security, ICV development, and long-term economic growth.
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