ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

L&T Technology Services and bp Sign Multi-Year Engineering Services Partnership

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Landmark Deal sees LTTS and bp partner in Projects, Operations, Maintenance and Low carbon initiatives

L&T Technology Services Limited (LTTS), a global leader in digital engineering and R&D services, has secured a landmark multi-year engineering services partnership with bp, plc. one of the world's largest diversified energy companies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211967798/en/

L-R: William M. (Bill) Anderson VP Mechanical Engineering, bp Innovation and Engineering, Bruce Price, VP Maintenance & Engineering, Global Operations. bp, Amit Chadha, CEO & MD, LTTS and Subrat Tripathy, SVP & Chief Business Officer – IP & PE North America, LTTS. (Photo: Business Wire)

L-R: William M. (Bill) Anderson VP Mechanical Engineering, bp Innovation and Engineering, Bruce Price, VP Maintenance & Engineering, Global Operations. bp, Amit Chadha, CEO & MD, LTTS and Subrat Tripathy, SVP & Chief Business Officer – IP & PE North America, LTTS. (Photo: Business Wire)

This collaboration underscores LTTS' domain expertise in the Energy segment, focusing on Engineering to drive productivity improvement. The relationship will leverage over 2 decades of LTTS’ experience in engineering, manufacturing services, digital and enterprise data management and address some of the most significant challenges for bp globally.

Together, both the companies intend to focus on improving operational excellence. The engagement areas are expected to include Engineering for Projects, turnarounds, maintenance improvements, technical writing, engineering data management & services for Sustainability initiatives.

"We are thrilled to forge this strategic partnership with bp," said Amit Chadha, CEO & Managing Director of L&T Technology Services. "This long-term relationship allows us to provide services for their global assets, emphasizing top-tier operational efficiency through digital enablement. Our proven track record in high-quality engineering services and digital transformation solutions underscores our position as a trusted partner for bp."

ABOUT L&T TECHNOLOGY SERVICES

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 23,800 employees spread across 22 global design centers, 28 global sales offices and 102 innovation labs as of September 30, 2023.

For more information, please visit www.LTTS.com

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.28
+0.00 (0.00%)
AAPL  273.05
+0.00 (0.00%)
AMD  274.95
+0.00 (0.00%)
BAC  53.95
+0.00 (0.00%)
GOOG  335.40
+0.00 (0.00%)
META  670.91
+0.00 (0.00%)
MSFT  418.07
+0.00 (0.00%)
NVDA  202.06
+0.00 (0.00%)
ORCL  177.58
+0.00 (0.00%)
TSLA  392.50
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.