Special Report: Oil & Gas Middle East presents the Top 30 EPC Contractors 21-25

Oil & Gas Middle East reveals the firms that have been redefining energy projects in the region

Engineering, EPC, Gas, Lists, Oil, Procurement, Top, Upstream, SPECIAL REPORTS, Top 10..., Top EPC Contractors
Engineering, EPC, Gas, Lists, Oil, Procurement, Top, Upstream, SPECIAL REPORTS, Top 10..., Top EPC Contractors
Engineering, EPC, Gas, Lists, Oil, Procurement, Top, Upstream, SPECIAL REPORTS, Top 10..., Top EPC Contractors
Engineering, EPC, Gas, Lists, Oil, Procurement, Top, Upstream, SPECIAL REPORTS, Top 10..., Top EPC Contractors
Engineering, EPC, Gas, Lists, Oil, Procurement, Top, Upstream, SPECIAL REPORTS, Top 10..., Top EPC Contractors

21. Tecnicas Reunidas

The past year has largely been about downstream deals for this major Spanish EPC operator with big wins at the Sitra refinery in Bahrain and in Oman at Duqm. A notable upstream deal arrived in November as Tecnicas Reunidas landed a very significan contract from Saudi Aramco, worth more than $2bn, to construct three gas compression facilities as part of the Gas Compression Programme in the Southern Area.

22. Subsea 7

This subsea umbilicals, risers and flowlines (SURF) specialist purchased Emas Chiyoda Subsea (ECS) last year to increase its presence in the Middle East, as ECS has three on-going projects in Saudi Arabia alongside L&T, including offshore platforms for Aramco. The firm has also completed a subsea EPCI contract offshore Egypt for a BP joint venture in a deal worth up to $300mn and including constructing a 40-kilometre pipeline.

23. Hyundai Engineering

This South Korean EPC firm has an established presence in the region, both upstream and downstream, and one of its biggest on-going projects is the downstream ethane and propane Uthmaniyah facility being established by Saudi Aramco. But the firm is also a part of the Al Zour LNG project in Kuwait, which is currently seeking $3.3bn in investment and will include a regasification unit and a total of eight storage tanks.

24. Punj Lloyd

This Indian conglomerate from Haryana is heavily involved in pipeline construction. It secured a contract for building 459 kilometres of the ambitious TANAP pipeline project in Turkey as part of a joint venture early last year, while it is also constructing two 300 kilometre long pipelines for Orpic and the Oman Gas Company – one carrying natural gas, the other NGL – in the sultanate after being awarded a $304mn deal.

25. Fluor

Fluor has been providing EPC expertise in the Arabian Gulf for decades and it remains a major player in the downstream sector with large-scale projects in Kuwait and a recent win in Egypt. But its upstream presence is minimal and consequently it is slipping down our rankings. Its main contract is a PMC with the Kuwait Oil Company, which has spanned 15 years and covers safety, efficiency and mentoring.

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Oil & Gas Middle East - July/August 2020

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