05-31-2016

Parsons and L&T Hydrocarbon Engineering Team Up to Deliver Engineering Solutions; Team to Provide Solutions for Onshore and Offshore Projects

PASADENA, CA (May 31, 2016) – Parsons is pleased to announce that its Industrial business unit recently signed a teaming agreement with L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Limited (L&T), to provide engineering design solutions for onshore and offshore projects across the hydrocarbon, fertilizer, chemicals, and modular plant sectors.

“Parsons and LTHE will bring a strong leadership focus to high-profile projects across diversified sectors,” said Michael Walsh, Parsons Group President.

Parsons and LTHE will collaborate to provide customers with conceptual engineering, feasibility studies, front-end engineering design, detailed engineering, specialty and high-end engineering, cost estimating, and engineering, procurement, and construction management services in the Americas.

Walsh stated, “LTHE’s high-value engineering center, based in Mumbai, and its hydrocarbon expertise—combined with Parsons’ well-established customer relationships, project management and risk management skills, and oil and gas experience in the Americas—provide comprehensive solutions for our customers.”

“LTHE’s broad range of offerings across the hydrocarbon spectrum coupled with Parsons’ strong program management capabilities in the Americas will provide a compelling value proposition to our customers,” added Subramanian Sarma, LTHE’s Chief Executive Officer and Managing Director.

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit Parsons.com, and follow us on LinkedIn and Facebook to learn how we’re making an impact.

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