L&T Energy Hydrocarbon Onshore has signed a six-year engineering, procurement and construction Framework Agreement with Petroleum Development Oman, expanding a long-standing partnership between the two organisations into a formal, multi-year contractual arrangement.

Scope of the Agreement

Under the terms of the Framework Agreement, L&T has been selected as one of four EPC contractors that will participate in Petroleum Development Oman's upcoming front-end engineering design and EPC projects over the six-year period.

The agreement covers the full duration of PDO's planned project pipeline, during which L&T is expected to contribute its integrated engineering and execution capability, global expertise and innovation to support PDO's future project requirements.

The announcement was made on 31 July 2026, with L&T headquartered in Mumbai, India. The company described the agreement as a significant milestone in its relationship with PDO, which is Oman's leading oil and gas exploration and production company.

In-Country Value Commitments

As part of its obligations under the agreement, L&T has stated its commitment to supporting In-Country Value development in Oman. This will involve creating opportunities for local suppliers, subcontractors and service providers, as well as continuing the development of local capabilities within the Omani energy sector.

In-Country Value, commonly referred to as ICV, is a framework used in Oman to measure the contribution of contractors and companies to the country's broader economic development.

Petroleum Development Oman plays a central role in supporting Oman's energy security and ICV development, delivering the majority of the country's crude oil production and natural gas supply.

The alignment between PDO's ICV objectives and L&T's stated commitments under the agreement positions the Indian EPC contractor as a contributor not only to project delivery but to Oman's longer-term economic goals.

Executive Commentary

E S Sathyanarayanan, Senior Vice President and Head of L&T Energy Hydrocarbon Onshore, commented on the significance of the agreement. "This Framework Agreement marks an important milestone in our long-standing association with Petroleum Development Oman," he said.

"We look forward to supporting PDO's development plans through safe, innovative and sustainable project delivery, while contributing to Oman's long-term energy and economic growth objectives."

The statement reflects L&T's positioning of the deal as both a commercial opportunity and a contribution to national development objectives in Oman, in line with the country's broader energy and economic planning.

L&T Energy Hydrocarbon Onshore's Track Record

L&T Energy Hydrocarbon Onshore is described by the company as one of India's largest EPC businesses. It delivers integrated Lump Sum Turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors.

The business has an established track record across global markets and has previously delivered a range of complex energy infrastructure projects, including refinery expansions, petrochemical complexes, gas processing plants, LNG terminals, fertiliser plants and cross-country pipeline projects.

The parent company, Larsen and Toubro, is a USD 32 billion Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services. It operates across diverse domains and multiple geographies and has maintained leadership positions across its major lines of business for eight decades, according to the company.

About Petroleum Development Oman

Petroleum Development Oman is the leading exploration and production company in the Sultanate of Oman. Beyond its role in crude oil production and natural gas supply, PDO has a stated mandate to support Oman's energy security and long-term economic growth through its contracting and procurement activities.

The selection of four EPC contractors under this type of framework arrangement is consistent with PDO's approach to managing large-scale project delivery through pre-qualified partner organisations across defined agreement periods.

The Framework Agreement does not specify individual project values at this stage, as it covers front-end engineering design and EPC work that will be scoped and awarded over the course of the six-year period. L&T's inclusion as one of the four selected contractors positions it to compete for project mandates as PDO's development programme advances.

Tap Into Oman's Oil & Gas Pipeline Before Your Competitors Do

Every major hydrocarbon project awarded across Oman represents a window of opportunity, but only for those who see it coming in time. If your business is still reacting to project news after the fact, you are already behind the curve.

The Global Project Tracking (GPT) platform by Blackridge Research gives oil and gas professionals the structured, reliable intelligence they need to engage with the right projects at the right stage. From upstream exploration to downstream infrastructure, the platform covers the full spectrum of activity shaping the region's energy landscape.

Whether you are a contractor, equipment supplier, engineering firm, or investor with exposure to Oman, having a single consolidated source for project intelligence is no longer a luxury; it is a competitive necessity.

• Upcoming Projects

• Tender Notices

• Contract Awards

• Projects Under Construction

• Completed Projects

See how the Global Project Tracking (GPT) platform by Blackridge Research can sharpen your market strategy across the Oman oil and gas sector. Book a Free Demo with our team today.