L&T Hydrocarbon partners US-based Parsons to provide engineering solutions
L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has joined hands with the US-based engineering and construction company Parsons to provide engineering and design solutions for onshore and offshore projects across the hydrocarbon, fertiliser, chemicals, and modular plant sectors.
“LTHEs’ broad range of offerings across the hydrocarbon spectrum coupled with Parsons’ strong program management capabilities in the Americas will provide a compelling value proposition to our customers,” said Subramanian Sarma, CEO & MD of LTHE.
Mike Walsh, who serves as a group president of Parsons, added, “L&T Hydrocarbon Engineering’s high-value engineering center based in Mumbai and its hydrocarbon expertise, combined with Parsons’ well-established customer relationships, project management and risk management skills, and oil & gas experience in the Americas, provide comprehensive solutions for our customers.”
LTHE and Parsons will collaborate to provide customers with conceptual engineering, feasibility studies, front-end engineering design, detailed engineering, specialty and high-end engineering, cost estimating, and engineering, procurement, and construction management services in the Americas.
Parsons, which recorded revenues of $3.2 billion in 2015, is an engineering, construction, technical, and management services firm with a focus on infrastructure, industrial, federal, and construction.