L&T Wins ₹15,000 Crore ADNOC Contract for Offshore Project

L&T Energy Hydrocarbon Offshore secured an ultra-mega offshore contract from ADNOC Offshore on 4 August 2026. The contract value is over ₹15,000 crore and covers engineering, procurement, construction, installation, and commissioning of multiple offshore facilities.

Contract Scope and Execution

The project includes new offshore facilities and upgrades to existing offshore infrastructure in the Middle East. L&T Energy Hydrocarbon Offshore will act as the lead partner in a consortium for execution of the project. A substantial part of the fabrication work will be carried out at L&T’s fabrication yards. The contract falls within L&T’s classification of an ultra-mega order.

Larsen & Toubro and Offshore EPCIC Projects

Larsen & Toubro Limited is an Indian multinational engaged in engineering, construction, manufacturing, technology, and financial services. Its hydrocarbon business executes offshore and onshore projects in the energy sector, including EPCIC contracts. ADNOC Offshore is part of the Abu Dhabi National Oil Company group and operates offshore oil and gas assets in the United Arab Emirates. Offshore EPCIC contracts usually cover design, procurement, fabrication, installation, and commissioning of platforms, pipelines, and related facilities.

Recent Financial Context

L&T reported consolidated net profit of ₹4,123 crore in Q1 FY27, which was 14% higher year-on-year. The company’s international order book includes projects from the Middle East, Africa, and other overseas markets.

Important Facts for Exams

• ADNOC stands for Abu Dhabi National Oil Company.
• EPCIC stands for engineering, procurement, construction, installation, and commissioning.
• Offshore oil and gas projects are executed at sea and use platforms, subsea systems, and pipelines.
• Larsen & Toubro is one of India’s major engineering and construction companies.