Special Report: Oil & Gas Middle East presents the Top 30 EPC Contractors 26-30
Oil & Gas Middle East reveals the firms that have been redefining energy projects in the region
26. Samsung Engineering
Samsung Engineering has been prolific in securing huge deals in the downstream sector from all of the region’s oil giants including, most recently, ADNOC and Saudi Aramco. The Korean firm headquartered in Seoul may have just delivered on its EPC contract at Algeria’s Timimoun gas field development, where it built a gas oil separation plant, but it is going to have to raise its game to stay in this list next year.
27. Seeh Al Sarya Engineering
SAS, founded back in 1999, is one of a number of Omani firms entrusted to carry out work by PDO as part of its strategic localisation push. SAS took a share of two four year contracts worth a very sizeable $779mn to provide off-plot mechanical work at oilfields run by PDO at Fahud, Lekhwair and Yibal in 2016 and these are presently on-going. As part of the tie-up, SAS will generate hundreds of local jobs.
28. Anton Oilfield Services
This Chinese firm currently has a project in southern Iraq, worth $140mn, to provide workover and completion services for more than 160 wells. But in April, alongside our top ranking EPC firm Petrofac, it secured an impressive deal to operate Iraq’s Majnoon oilfield – one of the country’s giant fields and where production is currently 240,000 bpd with plans to spike to 450,000 bpd within the next three years.
29. Bonatti Group
One of several Italian firms, including fellow EPC outfit Saipem and supermajor Eni, that has a presence at the vast Zohr gas field offshore Egypt. Bonatti won an electrical and instrumentation contract last November and this followed a similar award to its subsidiary Carlo Gavazzi Egypt from Bechtel a few months before. The firm has eight on-going projects in key market Algeria, as well as a presence in Iraq and Libya.
30. Target Engineering
This Arabtec Holdings subsidiary has operations across the Arabian Peninsula including in Saudi Arabia. The firm has four divisions covering civil, mechanical, electrical and marine works. According to its website, it is carrying out EPC work on a causeway pipeline project at the Mubaraz Island oilfield in Abu Dhabi for the Japanese owned Abu Dhabi Oil Company. Target also has a controlling stake in Italian marine EPC firm IDROTEC.