Multi-year program is testimony to Indian engineering expertise
L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has been selected by a global O&G major to be the primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in the United States, a multi-year engagement with a potential value of more than US$100 million.
Under the five-year engagement, LTTS will provide multi-discipline plant engineering activities including site sustenance, discipline engineering and control automation support for both facilities.
LTTS will leverage its in-house digital engineering tools and new-age technology & solutions to optimize project execution and drive efficiency improvements for the customer. The two sites covered under LTTS’ scope are integrated refining, chemical and polymer complexes and are currently among the top 10 biggest downstream sites in the United States.
“Our focus on multi-vertical, large engagements with customer intimacy, leveraging digital and new age technologies is yielding the desired outcomes. This latest instance of a major customer awarding LTTS a large multi-year program is testimony to our global plant engineering expertise,” Dr. Keshab Panda, CEO & MD, L&T Technology Services, said announcing the contract on 10 Dec 2020.
“LTTS is delighted to partner with one of the world’s leading O&G companies who are focused on providing affordable & sustainable energy and chemical products. Having worked in the Oil & Gas industry for a long time, our engineers have a unique appreciation of the challenges and opportunities in the energy and chemical industry. This is a prestigious win for LTTS, and we are excited to engage with our customers to deliver value in improving operational efficiency,” Dr Panda said. #contract #project #tenders #technology /fiinews.com
