<h1>Larsen & Toubro secures ultra-mega gas compression facilities contract in the Middle East</h1>
Mumbai, August 24, 2026: Larsen & Toubro (L&T) has secured a significant contract to undertake a gas compression facilities project for a prestigious client in the Middle East. The agreement, formalized against a letter of award issued in FY26, involves the complete engineering, procurement, and construction (EPC) of a large-scale gas compression plant.
The project scope encompasses all necessary components for processing sour gas at new onshore installations. These facilities include gas inlet facilities, gas compression systems, condensate and produced water handling systems, propane refrigeration systems, and all associated utilities.
To ensure the gas compression plants meet power requirements, L&T's Power Transmission & Distribution business will execute two 230 kV extra-high-voltage substations, supporting the project in the Middle East.
E S Sathyanarayanan, Senior Vice President and Head of L&T Energy Hydrocarbon Onshore (LTEH Onshore), commented on the successful contract signing. He stated that the project marks the beginning of a strategically important undertaking, offering significant gas compression capacity and utility infrastructure. Sathyanarayanan noted that the project draws upon the company's extensive experience in executing complex hydrocarbon facilities and reinforces L&T's ability to deliver integrated solutions for challenging sour gas applications.
LTEH Onshore operates as one of India's largest EPC businesses, providing comprehensive Lump Sum Turnkey solutions across the upstream, midstream, and downstream hydrocarbon sectors. Its execution track record includes refinery expansions, petrochemical complexes, gas processing plants, fertilizer plants, LNG terminals, and crosscountry pipelines.
Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products, and Services, operating across various geographies. The contract has been classified as "Ultra-Mega," indicating a value greater than 15,000 Cr.
The classification breakdown for the project value is detailed below:
| Classification | Value in ₹ Cr |
|---|---|
| Significant | 1,000 to 2,500 |
| Large | 2,500 to 5,000 |
| Major | 5,000 to 10,000 |
| Mega | 10,000 to 15,000 |
| Ultra-Mega | > 15,000 |
LT Stock Price Movement
Shares of Larsen & Toubro Limited are trending upward as of 9:50 AM, trading at ₹4104.9 and up 0.29% in the live market. The equity is maintaining a steady performance through the morning session, remaining well above its daily low of ₹4085.1.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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