_edited.png)
L&T Secures Over Rs 15000 Crore Middle East Gas Compression Project
Larsen & Toubro has secured an ultra mega gas compression project worth more than Rs 15000 crore in the Middle East through its engineering and construction arm L&T Energy Hydrocarbon Onshore. The project includes gas compression plants, utility infrastructure and two 230 kV extra high voltage substations.
By Finblage Editorial Desk
8:15 pm
24 August 2026
Larsen & Toubro has secured an ultra mega gas compression project worth more than Rs 15000 crore from a major client in the Middle East, according to an exchange filing.
The contract has been awarded to L&T Energy Hydrocarbon Onshore, the engineering, procurement and construction arm of the company, following a letter of award issued in FY26.
Under the project, L&T will undertake the engineering, procurement and construction of gas compression plants for new onshore installations designed to process sour gas. The facilities will include gas inlet systems, gas compression units, condensate and produced water handling systems, propane refrigeration systems and associated utilities, in line with applicable client standards, codes and project requirements.
L&T's Power Transmission and Distribution business will also execute two 230 kV extra high voltage substations to meet the power requirements of the gas compression plants.
L&T Energy Hydrocarbon Onshore provides lump sum turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors. The company said the project will add significant gas compression capacity and utility infrastructure while strengthening its capabilities in executing complex hydrocarbon facilities involving sour gas applications.
The latest order follows a series of major Middle East contracts secured by L&T. Earlier, L&T Energy Offshore received an ultra mega order worth more than Rs 15000 crore from a major Middle East client for the development of multiple offshore facilities. The company has also secured an order valued at up to Rs 5000 crore to design and build an Automated People Mover system for Phase 1 of Dubai's Al Maktoum International Airport in partnership with Japan's Mitsubishi Heavy Industries.
L&T shares were trading at around Rs 4084 on the NSE, down 0.22 percent at 2:19 pm on Monday.
Sources & Disclaimer
This article is compiled from publicly available information, including company disclosures, stock exchange filings, regulatory announcements, and reports from global and domestic financial publications. The content has been editorially reviewed and enhanced by the Finblage Editorial Desk for clarity and investor awareness purposes only.
All information provided on Finblage is strictly for educational and informational use and should not be considered as financial, investment, legal, or professional advice. Readers are advised to conduct their own independent research and consult a certified financial advisor before making any investment decisions. Finblage shall not be held responsible for any losses arising from the use of information published on this website.
Premium Edition
Sector > FMCG
Pricing Power on Trial : India's FMCG Majors Reach for the Lever Again in Q2 FY27
India’s FMCG sector is entering another pricing cycle as crude and palm-oil inflation pressures margins. Major players are opting for calibrated price hikes and shrinkflation to protect affordability while recovering costs. Despite these pressures, Q1 FY27 delivered resilient, volume-led growth, indicating healthy underlying demand.
11 August 2026
