Larsen & Toubro has signed a five year-framework agreements with Shell Global Solutions International B.V., for providing engineering, procurement and construction management services for the latter’s projects in the Middle East, South East Asia and India, the engineering major said in a statement on Tuesday.
Larsen & Toubro’s arm, L&T Hydrocarbon Engineering (LTHE), will execute the orders that come out of the agreement.
“This agreement is in line with our strategic goals and is a breakthrough for our newly formed engineering services business vertical. We will combine our engineering expertise with project and risk management skills to provide complete solutions to the customers across the globe,” said Subramanian Sarma, managing director and chief executive officer, L&T Hydrocarbon Engineering. Read More…
Credit By: economictimes.indiatimes.com
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