Larsen & Tourbo Hydrocarbon Engineering ( LTHE ) today said it has inked a pact with Parsons to provide engineering solutions in Americas.
LTHE and Parsons will collaborate to provide conceptual engineering, feasibility studies, front-end engineering design, specialty and highend engineering, cost estimating and engineering, procurement and construction management services in the Americas.
"L&T Hydrocarbon Engineering, a leading engineering and construction company and a wholly-owned subsidiary of L&T, announced a teaming agreement with Parsons to provide engineering and design solutions for onshore and offshore projects across the hydrocarbon, fertiliser, chemicals, and modular plant sectors," the company said in a statement.
"LTHE's broad range of offerings across the hydrocarbon spectrum coupled with Parsons' strong programme management capabilities in the Americas will provide a compelling value proposition to the customers," said Subramanian Sarma, CEO & MD of LTHE.
Mike Walsh, who serves as the Group President of Parsons added, "L&T Hydrocarbon Engineering's high-value engineering center based in Mumbai and their hydrocarbon expertise, combined with Parsons' well-established customer relationships, project management and risk management skills, and oil and gas experience in the Americas, provide comprehensive solutions for our customers."
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with USD 16 billion in revenue. It operates in over 30 countries.
source: The Economic Times
