Contract Awards
L&T lands $1.75bn ADNOC offshore package
By Staff Writer | 7 August 2026
ADNOC Offshore has placed an ultra-mega engineering and construction order worth more than $1.75bn with L&T Energy Hydrocarbon Offshore, which will lead the delivery consortium.
The award covers the development of multiple offshore facilities on a major oil and gas project, together with the upgrading of facilities already in service. L&T classifies an order at this size as ultra-mega, and puts the value above INR 15,000 crore.
The work will be delivered through a consortium, with the offshore business acting as lead partner and taking a major share of the overall scope. The company will be responsible for engineering, procurement, construction, installation and commissioning across the package.
Brownfield modification of live offshore assets sits alongside the new-build scope, which places the schedule risk squarely on interfaces with operating facilities.
Fabrication and marine capability
A large share of the fabrication is to be carried out at the contractor's own yards. The business runs in-house engineering, fabrication facilities and a dedicated fleet of marine vessels, and its record covers fixed platforms, subsea pipelines and structures, brownfield upgrades and decommissioning.
Packages of this shape reward contractors who can hold engineering, yard capacity and installation windows under one commercial roof. Splitting those functions across a supply chain is where offshore programmes usually lose time, because a delayed sail-away cannot be recovered once the weather window closes.
This prestigious award from ADNOC reflects the trust our clients place in L&T's engineering excellence, project execution capabilities and unwavering commitment to delivering complex energy infrastructure projects safely and on schedule.
S N Subrahmanyan, Chairman and Managing Director of Larsen and Toubro
The chairman said the company remains committed to supporting the UAE's energy ambitions through offshore solutions delivered in the region, where it has been a long-standing partner.
A widening Emirati offshore programme
The award follows a run of large offshore commitments in Abu Dhabi. In July an EPC contract valued at around EUR 5bn was placed for work on a major UAE offshore oil field, in an award tied to ADNOC and its partner.
Read together, the two packages show an operator committing to long-cycle offshore capacity at scale rather than in single increments. For contractors, that changes the planning question from whether the work arrives to whether yard slots, vessels and engineering teams can be held open across overlapping programmes.
The commercial consequence reaches the regional supply chain quickly. Ultra-mega packages absorb fabrication capacity for years, and subcontractors pricing work in the same window will be bidding against that constraint rather than against each other alone.
The next test is mobilisation: on offshore packages of this size, the first six months of engineering usually decide what the last six months look like.