L&T Technology Servicesa subsidiary of Larsen & Toubro Limitedhas signed a multi-year framework agreement with the energy giant Sleeve.

What happened: Under the agreement, L&T Technology Services will provide integrated engineering and procurement services, digital engineering services, capital project data management and digital project management consulting for Shell’s global assets on an as-needed basis.

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Amit ChadhaCEO and Managing Director, L&T Technology Services, expressed his excitement about the partnership. “This new agreement with Shell as their engineering partner builds on our long and ongoing relationship in the area of ​​information management and related engineering services. With our extensive experience and capabilities in serving customers in the energy sector, we look forward to working with Shell and contributing to the achievement of their strategic objectives,” said Chadha.

Last month, L&T Tech signed a partnership to bring artificial intelligence to the railways. The company signed a partnership with PS Technology to focus on developing and deploying advanced AI-based simulation technologies aimed at improving the operational efficiency and safety of rail infrastructure in India and abroad.

Price promotion: Shares of L&T Tech traded 0.35% lower at ₹4,831.95.

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