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L&T Energy Hydrocarbon Offshore secures Rs 15,000 crore order from ADNOC Offshore for offshore development

(04-Aug-26   10:22)

Larsen & Toubro Ltd. remains at Rs 4023.6, after recently rising and gaining 5.00% over the last week. Larsen & Toubro Limited announced that its subsidiary, L&T Energy Hydrocarbon Offshore (LTEH Offshore), has secured an ultra-mega order from ADNOC Offshore for a major offshore development project in the Middle East, executed through a consortium with LTEH Offshore as the lead partner. The project, valued at over Rs 15,000 Cr, encompasses engineering, procurement, construction, installation, and commissioning (EPCIC) of new facilities and upgrades to existing ones, with a significant portion of fabrication work to be undertaken at L&T’s facilities. According to Chairman & Managing Director S N Subrahmanyan, the award underscores client trust in L&T’s capabilities and commitment to supporting the UAE’s energy ambitions. Trading volume reached 4.46 lakh shares today, a decrease of 73.79% compared to the one-week average volume. Larsen & Toubro Ltd. edged up by 10.81% year-over-year, outperforming the 0.21% gain in the NIFTY50 index.