L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Indian engineering giant Larsen & Toubro (L&T), announced on Monday that it has signed a memorandum of understanding (MoU) with the US-based construction company KBR to build modular process plants for refinery and petrochemical projects.

Under the terms of the agreement, KBR and LTHE will collaborate to develop business opportunities and LTHE will exclusively bid for KBR's solid acid alkylation technology (K-SAAT), solvent de-asphalting technology (ROSE) and catalytic olefins technology (K-COT) for global projects with emphasis on India, South East Asia, Middle East and Africa.

KBR will license proprietary technology and engineering services and LTHE will be the Engineering, Procurement and Construction (EPC) services provider, KBR said in a separate statement.

"Through this MoU with KBR, LTHE will combine its best-in-class engineering, world class modular fabrication facilities and core strength of project management and construction to offer safe, reliable, and optimised solutions to our customers," said Subramanian Sarma, MD & CEO of LTHE

Organised under Offshore, Onshore, Construction Services, Modular Fabrication and AdVENT (Advanced Value Engineering & Technology) verticals, LTHE delivers 'design to build' engineering and construction solutions across the hydrocarbon spectrum, the LTHE statement concluded.

According to KBR's statement, K-SAAT is its next generation solid acid alkylation technology that provides high alkylate yield and high feed flexibility. KBR's solvent de-asphalting technology, ROSE, has more than 90 percent market share among solvent de-asphalting technologies. KBR's K-COT is a catalytic olefins technology that convert low-value olefinic, paraffinic or mixed streams into high-value propylene, ethylene and aromatics.

(Writing by Madhura Deulgaonkar; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

#L&THydrocarbonEngineering #KBR #Construction #Petrochemicals

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