L&T Hydrocarbon Engineering is a Larsen & Toubro (L&T) Limited fully owned subsidiary unit. Parsons recently signed a contract with LTHE to provide customized design solutions focused on dealing with rising engineering challenges in various fields including chemicals, hydrocarbon, and modular plant design.
LAs Michael Walsh, the Parsons Group president went on to state that this partnership is aimed towards providing solutions to high-end projects across a wide variety of sectors with a focus on strong leadership jointly from Parsons and LTHE. This is expected to be a pan-global partnership both in terms of capability and geographical coverage since LTHE has a high-value engineering solution center located at Mumbai while Parsons is mainly based in the America with its experience in the oil and gas industry. The sound technological expertise from LTHE combined with the strong customer relationship and expert project and risk management skills from Parsons is expected to be a highly successful venture for both parties ending up in a high value with a capability to provide customers with services in several interdisciplinary sectors like front end engineering design, procurement, cost estimation, and detailed engineering.
Parsons is a high-value solution provider in the infrastructure, federal, construction and industrial fields with more than 70 years of expertise. This has stemmed from a diversified field of operations including the engineering, technical and industrial sectors. From private institutions worldwide to government agencies, Parsons is a leading provider of services in design, program and construction management for professional innovative services in a cost-effective package delivered to offer an optimum production level.
Larsen & Toubro is an Indian multinational company engaged in the fields like manufacturing, engineering, financial services, construction, etc. with a global presence in over 30 countries and an annual turnover of over $16 billion. With an excellent focus geared towards catering to customized solutions while upholding the highest of standards of service delivery, L&T continues to be a major brand in global leadership for several disciplines for over 70 years.
The partnership among the LTHE and Parsons is expected to offer unparalleled growth value in the hydrocarbon spectrum in America while maintaining comprehensive solutions to its customers through growth in capabilities, according to the Chief Executive Officer and Managing Director of LTHE, Subramanian Sarma.
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