Top 30 EPC Contractors: 2011 edition

Top 30 EPC Contractors: 2011 edition
Arabian Oil & Gas Staff , June 20th, 2011 2012 EPC LISTING NOW ONLINE A lot has changed in the EPC contracting environment since our last list in June 2010. This is reflected in the increased number of South Korean players in the market winning major contracts, a subject that - judging from the volume of comments we get at arabianoilandgas.com - offers a major challenge to the way other companies the region do business. Some have suggested that the habit Korean firms have of low-balling on price, sub-contracting out to fellow South Korean firms and carrying out engineering work in Seoul will not prove to be a sucessful long-term business model. Very interesting to see Saudi Aramco hold its April board meeting in Seoul then, don't you think? THE TOP 30 1. Petrofac 2. Samsung Engineering 3. Saipem Engineering & Construction 8. Technicas Reunidas 4. MPCC 5. Technip 6. Mott MacDonald 9. Foster Wheeler 10. Jacobs Engineering 7. Hyundai

11. Marie Technimont 12. McDermott International 13. GS Engineering & Construction 14. KBR 15. SNC Lavalin 16. Topaz Energy & Marine 17. Al Jaber Energy Services 18. Kentz 19. Lamprell 20. Wood Group PSN 21. Drydocks World 22. MIS 23. Bechtel 24. SK Engineering 25. Petrojet Heavy Industries 29. Black Cat Engineering & Construction 30. Global Industries 1. Petrofac EPC colossus continues regional domination after scooping big ticket Middle East contracts and a $3.4 billion mega-deal in Turkmenistan Last year’s table-toppers Petrofac stay at number one in this year’s Oil & Gas Middle East Top 25 EPC Contractors Special Report on the back of $6 billion of new orders in 2010 in its Engineering & Construction business, including a company-record $3.4 billion EPC contract in the Caspian. Middle East contract wins have continued after a recession-bucking 2009. As part of an interview with Oil & Gas Middle East (see page 24-25), Maroun Semaan, Group COO says the regional powerhouse predicts like-for-like net profit growth in 2011 of “at least 15%”, despite the EPC contracting environment remaining “highly competitive”. The firm also won a varied portfolio of work throughout the region this year, with seven major projects now underway. In March, Petrofac bagged a $600 million contract for gas sweetening facilities at Qatar Petroleum’s Massaieed and Dukhan industrial districts. July and August saw two big wins in Kuwait: a $400 million contract for gas and oil pipelines from Mina Al Ahmadi to the Azzour and Shuaiba power stations, and a $430 million award for effluent water and sea water injection facilities, which will increase recovery in the Raudhatain and Sabriyah oil fields. In Sharjah, Petrofac have been handed the keys to the Sajaa gas plant by the government in a $250 million operations and facility management deal. The banner win for the year came in Turkmenistan, where under a $3.4 billion deal Petrofac will deliver a 10 billion cubic meters per annum gas processing plant along with the infrastructure and pipelines for the entire development on a lump sum turnkey (lstk) basis at South Yoloten for Turkmengas. When complete, the South Yoloten field is expected to export 20 bcma of gas.
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26. JGC

27. Daelim

28. Doosan

2 tie-in platforms and 1 injection platform.credit rating by the Korean Rating credit ratings agency in April 2010.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 2/12 . which has it's regional base in Jubail Industrial City.in concert with Marie Technimont . Samsung signed a $300 million steel plant engineering contract in Bahrain steel plant contract with SULB. Samsung now looks to become a long-term partner of ADNOC. slated to produce 750 000 barrels per day when operational in 2012. posted year-end revenue in 2010 of US $4. and two $1. a massive increase of 31. a joint venture between Bahrain’s Foulath and Japan’s Yamato. the highest of any construction company. encompassing the offshore development of the Arabiyah and Hasbah fields 150 kilometres northeast of Jubail industrial city. procurement. But hydrocarbon projects only tell part of the story. next to a sulphur granulation plant. The developed fields will contain 12 wellhead platforms. CEO KiSeok Park has emphasised the firm’s intention to diversify. Over 39% of targeted new orders for 2011 were already been secured by May 2011. on the back of several highvalue contracts awarded by Saudi Aramco. 4.arabianoilandgas. The firm recently announced they beat the pack to win a competitive tender of a $240 million deal from Shell for the development of the southern Majnoon field.2 billion by Saudi Aramco for work on the giant Al Wasit Gas Program.2 billion in North Kuwait. The firm was awarded an AA. Samsung’s growth and prudence have also been rewarded in the credit markets. Saudi Arabia. Petrofac’s entry into Iraq has also been successful. In March this year the firm was awarded new E&C Offshore contracts worth in excess of $2.for two polyethanol and two polypropylene units. and a marketing office in Abu Dhabi.25 billion contracts . The contract encompasses the engineering.87 billion. In Sharjah.000 barrels per day in this first phase of development. and of the gathering system and pipelines. 2. and a $400 million contract for a 350 000 tonne per year low density polyethylene unit.2 billion lstk contract to develop southern fields in the In Salah development.5 billion).3% over 2009. as well as winning key partner status in the Shah Field Development in Abu Dhbai 40 000-strong remote and deepwater specialist Saipem had another excellent year in key Middle East markets. this yielded the Shah sour gas development project ($1. The company then worked its magic with ADNOC. In December Saipem scooped up two new onshore contracts with a total value in excess of US$1. invested by the Gulf Investment Corporation. which will have an oil and gas treatment capacity of 150. which paid off with the award of a $1. Petrofac was awarded a project by the Government of Sharjah to take over the O&M of the Sajaa gas plant in a $250 million deal. The firm was one of only three Korean companies to feature in Forbes Asia’s 2010 ‘Fabulous 50’ awards. construction and commissioning of the Early Production Facilities. These include the $2. with which it is developing a profitable long-term relationship. In 2010. Samsung Engineering has built on proven successes in 2010 with a huge increase in new orders for 2011. and diversification from hydrocarbon to industrial and institutional projects. Sabic and other national companies. 3.9/3/13 Top 30 EPC Contractors: 2011 edition Semaan also said the business has “been very active” in Algeria.7 billion contract from Saudi Aramco for the Shayba Natural Gas Liquid project. The cornerstone of Samsung’s development in the Middle East has been it's relationship with Saudi Aramco. Samsung Engineering South Korean giant strides ahead Samsung Engineering posted record-breaking year-end results in 2010 for the fifth year running. NPCC www. Saipem Saipem raked in $5 billion worth of KSA project work in 2010. whcih it developed in the late 1990's. The Korean EPC giant. Kharafi National awarded Saipem the EPC contract for the Early Production Facility Project for the Jurassic field.

Gas & Petrochemical s business said “the last year has been www.9/3/13 Top 30 EPC Contractors: 2011 edition NPCC eyeing expansion in India and West African markets National Petroleum Construction Company. and won several engineering contracts in petrochemical. 6. has had a remarkable year. ADMA-OPCO general manager. India and Qatar last year.000-strong Paris-based firm will be upgrading to a fully fledged EPC operating centre in 2011. EPCM services for ZADCO. 5. Managing Director of Mott MacDonald’s global Oil. we are expecting to receive a business strategy as to how to go about it. The 14. “NPCC has demonstrated its competitive edge in terms of pricing. on the sidelines of the company’s annual HSE and Quality day. Technip also began work on a lump sum turnkey (LSTK) contract from Total E&P Yemen for the Kharir Power Plant Project.the joint venture between Aramco Gulf Operations and Kuwait Gulf Oil Company .for the Khafji Crude-Related Offshore Projects in the neutral zone between the Kingdom of Saudi Arabia and Kuwait. “Within a couple of months.000-strong global firm has built on a strong presence in the UAE with expansion into Iraq and the wider Middle East. NPCC has strong ambitions to establish a proper base in both the Caspian and West Africa.” said Hussain Jessem Al Nuwais. Charles Ellinas. The ZCSC Demothballing Project is part of overall ADMA Lower Zakum 100 MBD programme that aims to increase oil production capacity from the Zakum Field from 2012. The Plant will be in East Shabwa. ADMA-OPCO is de-mothballing and re-commissioning the production facilities at Zakum after these were shutdown and mothballed in the early 1980’s. in south Yemen. Technip French firm wins diverse mix of upstream and downstream contracts The French subsea specialist has been operating tin the region since 1970. the Algiers refinery will produce 900. the 23. netting record profit of $249 million in the financial year 2010. a government-owned EPC specialist. but the company is shifting its ambitions to onshore construction. where the competition is tough. The firm is also rehabilitating the decrepit Algiers refinery under a $908 million LSTK contract from Sonatrach. The contract is valued at $350m. netting upstream energy contracts with a total capital cost of $8. When Technip are finished.8 billion. up almost 40% on 2009. More than 50 per cent of NPCC’s revenues were earned outside Abu Dhabi.arabianoilandgas. from hydrocarbon projects in Saudi Arabia. and a pipeline project which aims to connect three refineries in the UAE. Chairman of NPCC. Chairman of NPCC. one of Technip’s smaller regional hubs that.000 more oil than it does today. refining and fertiliser sectors in the Middle East in 2010. Mott MacDonald’s regional strength continues. According to Hussain Jessem Al Nuwais. thanks to the upsurge in the firm’s regional EPC market activity. In May last year ADMA-OPCO awarded a 30-month contract to NPCC to carry out the EPC works for the Zakum Central Super Complex (ZCSC) Demothballing Project. As project leader in a consortium with Hawk International. New orders in 2010 included a $400 million offshore development contract from Khafji Joint Operations . Mott MacDonald Global contractor eyes Iraq expansion Mott MacDonald have had a great year in 2010. Project management for he contract will be run out of Abu Dhabi. Abu Dhabi together with a raft of infrastructural projects there. with projects including a systems upgrade for the Fahud oil field for PDO Oman. schedule and willingness to do the project. NPCC bagged two major contracts in the offshore platform constructions last year. a consultancy firm is currently carrying out a business study to advise NPCC on its plans venture into the markets of Caspian Sea and the West African countries in order to expand its engineering.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 3/12 . procurement and construction activities.” said Ali AlJarwan.

8. Foster Wheeler New orders from Iraq and Egypt US EPC giant Foster Wheeler is still living in the shadow of its 2009 results. The second is project management consultancy for Iraq’s South Oil Company for the construction of two onshore and offshore pipelines and a refining plant. Technicas Reunidas wona $770 million contract for a new refinery at Yanbu for Saudi Aramco. CEO Kim Joong-Kyum stresses the need for continued innovation and pride in the company. 9.9/3/13 Top 30 EPC Contractors: 2011 edition really good for us”.45 billion pipeline bringing oil and gas from the Mina al-Ahmadi refinery in Kuwait to power plants in Sabiya and Doha. After a record year for sales (9.18 for the first quarter of 2011 against $0. Hyundai Engineering & Construction Another record year for South Korean firm After a stint in bankruptcy and seven years in a debt rehabilitation program. 120 million scfd of sour gas.000 bpd of oil. which involves the construction of a mammoth 14. Abu Dhabi. with several wins in the Middle East. New orders for the year reached €3.8 billion KRW.1 billion. after their LNG feasibility study for Shell. up 27.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 4/12 . which together are slated to increase Basra’s export capacity from its current output of 1.1 billion). New contracts won in 2010 include two major projects in Iraq.6 billion KRW. posting first quarter earnings per share of $0. July 2010 saw the Madrid-headquartered firm sign up to the $9 billion Saudi Aramco Manifa oilfield project with a host of IOCs. At the end of December 2010. Iraq and is investing heavily there. up 22%) in 2009. In Qatar.5 billion.278. and has been appointed the single contractor for a $1. building an increasing portfolio in the Middle East off the back of its first major project in the region. Other signs may be encouraging. 7. with the facility expected to process 300. Hyundai Engineering & Construction continued its advance into large-scale Middle East projects. 50. a growth rate of 19% compared to the end of 2009. Interim CEO Umberto della Sala expects the comany’s books for 2011 to show “marked improvement” over 2010 as revenues from recent new orders come through. hence their lower ranking than their headline numbers would suggest.arabianoilandgas. Manifa is slated to produce 900.5 million barrels per day by 2014. The firm was awarded a $936 million contract for Utilities and Off-site facilities for Borouge 3 in Ruwais. The first is a FEED contract for the new Nassiya refining plant in Southern Iraq for an undisclosed amount.000 barrels per day on completion.73 billion ($8. a company record. New orders booked in the first quarter of 2010 were $562 million against $494 million at www. $8. the company has bounced back and emerged as one of South Korea’s largest construction and civil engineering companies. Technicas Reunidas This Spanish-based general contractor has had a stellar year. and as part of a push .8 million barrels per day to 3.56 at the same time in 2010. The Korean giant’s signature orders in 2010 were away from upstream oil and gas.000 bpd of produced water on completion. $4.6%) and net earnings (455. The firm is establishing a base in Basra. TR won a FEED contract for the diesel hydrotreater project at the Ras Laffan Refinery for Laffan Refinery Company Limited. the backlog of Tecnicas Reunidas (TR) stood at €5.6 billion ($5. won from ADNOC in in 2009.000 bpd coker unit.12 billion). the company has become the first construction firm in South Korea to sign the United Nations Global Compact on sustainable business growth.000 bpd condensate and 950.

11. Marie Technimont continued to construct three polyolefins units under its $1. McDermott has benefitted from this renewed focus with impressive regional contract wins. First quarter 2011 results show profits of $23 million against $72 million at the same time in 2010. In July it won a contract from the state-backed Kuwait National Petroleum Company for the construction of a LSTK Acid-Gas Removal Plant for an undisclosed amount. McDermott International Offshore work sees Middle East generate a chunk of $2 billion revenues In 2010 the Houston-based firm span off its U. Jacobs Engineering Contract wins from Saudi California-based firm is one of the largest technical services companies in the world. This is evidence that. 10. The refinery aims to be the only one in the region producing type-III automotive base oil. the company will expand Gulf Farabi’s linear alkyl benzene plant (LAB) at Al-Jubail under a $350 million contract.-based government contracting services company Babcock & Wilcox and its related other domestic companies. McDermott won the contract for the Offshore Maintain Potential Project at the Abu Safah.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 5/12 . as revenue fell 13. Safaniya and Berri fields for Saudi Aramco.35 million tons per year of polyethylene.arabianoilandgas. including the $350 million upgrade and enhancement of a water injection system for Abu Dhabi’s ADMA-OPCO in the Zakum field. However.2% to $9. large contracts are harder – and taking longer – to win.5 billion standard cubic feet per day of sour gas from the Aribiyah and Hasbah offshore fields. boasting 160 offices in more than 20 countries. Saudi Aramco charged Jacobs with the development of a basic engineering package for four sulfur recovery units at the Wait Gas development project. Tecnimont also won two lump-sum turnkey contracts. to zero in on oil & gas services. Wasit will see production and processing of up to 2. Egypt which on completion will process 1. and new orders for the quarter down to $381 million from $418 million in Q1 2010. Jacobs started 2011 with a FEED contract from Saudi Luberef. the first as a $1. the only producer of lubricating oils in Saudi Arabia.65 billion joint venture with Austrian firm Borealis for the construction of the Borouge polyolefin plant for ADNOC.000 tonnes per annum of LAB. for the US$1 billion expansion of Luburef’s Yanbu refinery. Marie Technimont Big in Borouge The Italian conglomerate added three major projects to its portfolio in 2010.855 billion Borouge 2 expansion contract. each with an expected production capacity of 1 200 tonnes per day. 12.9 billion and net income fell 38. slated to process up to 230 million cubic feet of gas per day. To reflect this change. The new plant will have a production capacity of 100. the second being a $400 million construction of a gas refinery at Mina Al-Ahmadi. the firm changed its name from J Ray McDermott. even for EPC giants like Foster Wheeler. the company did rack up significant new orders in the region in 2010.7% to $245 million (from $11.4 billion and $400 million respectively in 2009).S. The company’s Houston operation won a project management consultancy contract from Carbon Holdings for a petrochemical complex in Ain Sokhna. Overall 2010 proved a tougher year for Jacobs. Sala expects 2011 to be a “transition year” for the company.9/3/13 Top 30 EPC Contractors: 2011 edition the same time in 2009. McDermott subsidiaries in the Middle East and Caspian region bagged deals for a range of offshore projects as part of their $2 www. In Saudi Arabia.

14. as downstream revenue almst doubled it’s contribution to the company’s income over 2009. including Ruwais Refinery. SNC Lavalin Solid year in oil and gas for the Quebec-based engineers Canadian multi-platform engineers SNC Lavalin posted revenue of $1. a $2. as well as project management services to support the execution of Saudi Aramco’s capital programme. Green Diesel. KSA strong for KBR 2010 was a banner year for KBR’s downstream business. 15. GS has already acted on several projects for Takreer.2 billion EPC contract for a supersized hydrocracker plant in Cairo. by Saudi Aramco. SNC-Lavalin’s revenues from the project will be approximately US$81 million. In Oman. The Zuhair Fayez Partnership. 13. after a delay of a year due to a lack of financing. GS Engineering & Construction Board eyes Saudi move on sound profit In September 2010 the South Korean contractor won a $623 million pipeline contract from Takreer – a subsidiary of the Abu Dhabi National Oil Company . Lavalin’s backlog also looks healthy. www. GS has won $7 billion worth of projects from the United Arab Emirates.6 billion at the end of March 2010. In early 2011KBR bagged FEED and PMS roles at the 400. The joint CEOs of GS Engineering & Construction are now evaluationing a move from Abu Dhabi to Saudi. a 25.3 billion deal from Al Suwadi Power Company SAOC and Al Batinah Power Company SAOC. SNC-Lavalin and The Zuhair Fayez Partnership will perform front-end engineering and design and select detailed engineering. The firm has been selected.arabianoilandgas. Jordan. GS will construct the Oman Barka III and Sohar II independent power plants under a $1.1% increase in profits over the previous year.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 6/12 . at the onshore terminal and export pipelines for BP’s 1 billion standard cubic feet West Nile Delta Development in Egypt. In August 2010 GS heard that. together with its local Saudi Arabian 50/50 joint venture partner. Under the contract. GS will deliver the EPC project in concert with Siemens over 34 months. KBR was awarded two contracts by Iraq’s South Refineries Company. Work has begun and the project is scheduled for completion in 18 months.35 million tons per year. to perform general engineering and project management services (GES+) under a five-year reimbursable contract.9/3/13 Top 30 EPC Contractors: 2011 edition billion of bookings in the final quarter of 2010. Kellogg Brown & Root Egypt. with $9. Egypt can now proceed. see opportunities in the region. the world’s third-largest crude exporter.4 billion on the books in March compared with $8. In the summer of last year SNC-Lavalin was awarded an EPC contract by Jordan Phosphate Mines Co. the largest of which includes licensing and basic engineering services for the construction of Fluid Catalytic Cracking and Solvent Deasphalting units at the planned grassroots Maissan refinery in Maissan. Ruwais 4th NGL project.6 billion in the first quarter of 2011. which has a capacity of 1.which involves over 900 km of pipes being laid over 45 months. Since 2008. In August KBR won its second contract from BP. (JPMC) to upgrade and increase the capacity of two sulphuric acid plants in Aqaba. and with other South Korean firms dealing with full orders books.000 bpd Jazan grassroots refinery in Saudi Arabia. The Houston firm completed the world-beating Saudi Kayane ethylene plant.

5m the previous year.200-strong Dubai firm operates one of the largest offshore support vessel owner-operator businesses in the world. 17. reliability and reduce environmental cost. Kentz has been operating in Abu Dhabi for nearly 30 years and has previously worked with GASCO on a number of projects. has been hailed by the industry as signaling the beginning of what will ultimately be a new benchmark for the gas processing and sulphur recovery industries worldwide. The company will replace the existing emergency shutdown system and associated field instrumentation at two of GASCO’s plants. improved – and record – profitability on 2009. CEO Fazel Falzelbhouy oversaw record net profit in 2010 of $70 million on $408 million revenue. The vessel will be deployed in Azerbaijan in support of a 10-year $225 million BP contract won in 2008. The project will take about 30 months to complete. moves up our rankings this year after another set of solid financial results resulting from it’s prudent mix of short and long term contracts.9/3/13 Top 30 EPC Contractors: 2011 edition 16.5m in 2010 from $44. Al Jaber Energy Services Early works gig keeps on giving for UAE firm Al Jaber stays in our top 25 as a result of their successful conversion of a massive Early Works Package (EWP) for Gasco into a $614 million EPC contract for a new greenfield Ruwais Sulphur Handling Terminal-2 plant located in the Ruwais industrial area approximately 165 km west southwest of Abu Dhabi City. Kentz 42% of Irish firm’s revenues now flow from Middle East Engineering firm Kentz reported a 52% rise in full-year profit driven along significantly by its Middle Eastern engineering activities. In October Topaz’s engineering business bagged a $100 million EPC contract for the Phase IV Oil Storage Terminal for GPSChemoil in Fujairah.” he said. at the end of 2010. The award of the EWP. which gets about 42% of its revenue from the Middle East. The 5. Dr Hugh O’Donnell. which will transport granulated sulphur from the Shah and Habshan stations to the Ruwais sulphur export terminal to replace the current transportation of liquid sulphur via trucks to Ruwais.arabianoilandgas.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 7/12 . said there had been no material impact on any of its projects due to the political unrest in the region. in a bid to improve safety. and associated pipelines. a Middle East and Caspian focused oilfield services company. The project is being executed in parallel with the Shah-Habshan Ruwais Etihad Rail project. one of the largest EPC tank terminal projects awarded to Topaz Engineering in terms of project value and terminal size. and have now begun work under the EPC contract on a lump-sum turnkey basis. It is part of the first sour gas facility attempted in the UAE. Kentz chief executive. The value of Kentz’s work backlog. Topaz Energy & Marine Breakthrough year for EPC work Topaz. Challenges include transporting 10 000 tonnes of sulphur per day from the main plant in the large dunes 180 km south east of Abu Dhabi to the new sulfur terminal. due for completion at the end of 2013. given to Al Jaber in consortium with Italy’s Techint. said that the company’s board was delighted to have been awarded the new project. 18. In January Topaz announced they are sending the ‘Topaz Shaheen’ to serve as a standby support vessel for Maersk Oil Qatar in the Al Shaheen Field. Kentz. “The nature and criticality of this brownfield project has traditionally been a core competency of Kentz. Topaz recently the ‘Caspian Protector’ to its fleet. The Abu Dhabi based company clearly proved they could meet the challenges presented. In January this year Kentx won an EPC contract from Abu Dhabi Gas Industries (GASCO). www. Pre-tax profit rose to $67.

MIS Record EPC strength in year before Lamprell acquisition MIS is best-known for its jackup build and refurbishment business. construction and outfitting of accommodation units/ modules. Lamprell made an offer to buy neighbouring fabrication and growing EPC firm MIS in May. loadout and seafastening of offshore oil and gas structures including turrets. The 45metre long flat bottom pontoon barge. Wood Group PSN Regional presence rises on merger and $800 million joint venture Wood Group PSN breaks into our top 25 as a result of its first significant contract win in Middle East with its joint venture with Athens-based Consolidated Contractors Company (CCC).. 19. Wood Group’s confirmed its acquisition of PSN creates the world’s leading brownfield service provider with annual revenues of around US$3 billion and a 23. and its recent $955 million acquisition of fellow Aberdeen contractor Production Services Network (PSN).9/3/13 Top 30 EPC Contractors: 2011 edition amounted to $1. and is now looking to harness its global yards to acquire more large-scale project and EPC business. mooring systems.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 8/12 . to provide detail engineering. three gensets. 22.” said Khamis Juma Buamim. seven-year engineering and maintenance services contract throughout the country.6bn. In March this year the firm won a five-year general engineering services contract with Aramco. the firm previously sold its well support services arm to GE. fabrication. procurement. pumps and other miscellaneous equipment. Lamprell Aquisition of MIS will see firm rocket up next year’s rankings Lamprell has played a prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years. driven by buoyant conditions in the oil and gas industry and the increase in capacity with the opening of the Hamriyah facility in 2007. both which are in the Sharjah. Lamprell’s three primary facilities are in Port Khalid and the Hamriyah Free Zone.000 strong workforce operating in more than 35 countries. power packs.arabianoilandgas. though its EPC capabilities have seen it grow that www. In a strategic move. procurement. construction and delivery of a Self Elevating Platform AF SEP Samrat. jacking systems. 20. in Dubai. and more recently providing specialised services to the onshore and offshore oil and gas industry. The company is enhancing its offerings for the fabrication. FPSO topside modules. In May the company signed a contract with Mumbai-based construction group. Drydocks World Successful expansion into EPC market The region’s largest and busiest drydock has been hugely successful in the offshore and FPSO conversion business. can be jacked up with four spuds and a jacking system with an elevated weight of 2928 tonnes approximately. establishing a longterm framework for the supply of EPC services to support the execution of onshore and offshore oil & gas projects within the Kingdom. which will be built at the Dubai facility. Chairman of Drydocks. Its core business also covers the design. 21. Engineering design services and solutions. “We are focusing our strategy for the future to a large extent in the sectors of marine construction and support industries and the oil and gas sector. In December 2010 Petroleum Development Oman awarded Wood Group’s CCC joint venture an $800 million. engineering. Afcons Infrastructure. MOPU’s. Lamprell has grown strongly over recent years. and in the Jebel Ali Free Zone. The vessel will be equipped with a main crane and other equipment including six mooring winches. offshore fixed platforms.

for the construction of a crude unit. Bechtel has worked on various projects across the MIddle East for all the major NOCs. 24. an Abu Dhabi EPC contractor. Bechtel is the project manager of the massive Borouge 3 petrochemical expansion project in Abu Dhabi. previously low-bidding for large projects in Qatar and Algeria. Petrojet is www. The firm is working under a $427 million project at the 400.8 billion in revenue in 2010 and total new orders booked globally of $21. In July the firm won a one of seven contracts given by Saudi Aramco at the Yanbu Export Refinery project. SK also won a $34 million contract for communications systems between oil refineries and petrochemical plants in the Dukhan oilfield located 95 kilometres to the west of Doha in Qatar. Many local and regional upstream projects and draws on its extensive expertise in fabrication with the addition of the engineering capabilities. which includes NGL inlet facilities. as a result of its first contract win in the UAE. The firm’s emphasis is now on the full EPC projects. The firm completed its three major gas processing projects in the region last year at Kursaniyah. It will also work on the region's first nuclear power plant. product treating and storage. Saudi Arabia.12 billion.6 billion expansion of the Ruwais refinery in Abu Dhabi. KSA and the Hadshan and Asab plants in Abu Dhabi. to help its entry into the market. SK’s slice of the deal was valued at $2. with Litwin scooping contracts for GASCO and Borouge.3 billion. worth a total of $5 million. and acquired Litwin. In January Saudi Aramco selected SK for two of the four LSTK contracts on offer at the Wasit Gas Program onshore facilities. LT flare and control systems. after which Takreer hopes to see its output more than double current capacity of crude oil and condensate. Petrojet Egyptian co nets first major tender win in UAE Petrojet – which boasts its own football team in the Egyptian Premier League – break into Oil & Gas Middle East’s top division this year. NGL fractionation facilities. The firm has a track record with competitive tenders. Wasit Seoul-based SK Engineering which won several sizeable contracts in 2010 and early 2011.arabianoilandgas. as Executive Vice President for MIS Iraq.9/3/13 Top 30 EPC Contractors: 2011 edition segment of its business from 7% of its revenue 2009 to 11% in 2010. The acquisition is paying off. The second was for NGL fractionation.and the company has used its expertise to break into new markets. Despite this. SK Engineering Boosted by Yanbu. One of MIS’ biggest EPC Projects to date is the HFO facility in Qatar. MIS’s management have emphasised the strategic importance of EPC in the oil & gas upstream sector to the business with moves to support MIS’s growth targets for EPC. This year the firm appointed Chris Parker MBE. focusing on offshore platforms and onshore processing plants. and the $9. The first is for the four huge sulfur recovery units (SRU) and utilities facilities at Wasit. which includes sulfur loading facilities. Bechtel remains an EPC powerhouse with an impressive regional backlog. Though the majority of that work is in the Northern Emirates and parts of Dubai.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 9/12 . reporting $30.000 bpd export refinery facility in Jubail. FEED services. Bechtel Working on backlog The third-largest privately-owned company in the USA moves down our rankings as upstream awards proved hard to come by in 2010-2011. and related electrical and control systems. 25. 23.

800 to c. Daelim will build gas plants which are able to produce ethane.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 10/12 . The company is also continuing its EPC contract for 230 km of 16” and 18” gas pipelines in Oman. sulphur recovery units and NGL recovery unit.3 MBPD condensates.9/3/13 Top 30 EPC Contractors: 2011 edition to build nine gas pipelines for GASCO Abu Dhabi from the Habshan 5 Gas Processing Plant for an undisclosed amount. an increase from $0. having won the associated low density polyethylene project at the same site. Doosan Heavy Industries Running hot in Rabigh 6 www. and its increasing profile is the result of several major contract wins in 2010. power and energy plants. The firm is also developing its value-added products business. This was despite being the favorite to win the contract. The scope of work comprises the construction of two compression lines with a capacity of 29. Nevertheless Daelim goes from strength to strength in the GCC. The Marmul to Harweer project includes the conversion of the existing 84 km Marmul to Nimr crude oil pipeline to a gas pipeline. Work continues on the the Habshan 5 processing facility.53 billion.7 billion joint venture with Maire Tecnimont. from Hubara to Marmul and from Marmul to Harweel. Daelim is South Korea’s fifth-largest EPC contractor. which operates regionally out of Saudi. propane and butane by treating about 805 MMSCFD gases and 106. Qatar. petroleum refining. the Pearl GTL in Ras Laffan. The 72 year old firm has boosted staff numbers from 4. In November. UAE. JGC CEO and President saw net profit for 2010 of $1 billion on revenues of $5. which started processing sour gas in March this year.6. and industrial facilities.000 in the last two years. building and housing. In addition. losing out in January 2010 to Taiwanese firm CTCI for a major amines plant for Saudi Kayan Petrochemical Co.7 million m3 per day. The Seoul-based company has not always got its way. including two out of the seven contracts awarded by Saudi Aramco for the 400. In addition to the 850 million cubic feet per day gas pipeline.arabianoilandgas. 27.12 billion respectively. Daelim Competing in Kuwait Daelim is another South Korean contractor breaking into our roster this year on the back of strong performance by their core Engineering & Construction and Petrochemical divisions. 26. Daelim are to build a gasoline unit and a hydrocracker at the mammoth plant for an undisclosed amount. JGC also recently won a $213 million deal from the Sonatrach. Algeria. with services covering gas. is also working on two sulphur dioxide reducing units at the Sasref refinery on the Kingdom’s Gulf coast that on completion will dramatically reduce the facility’s environmental impact. Petrojet will work on water pipelines around the Habshan area. JGC announced it will be performing EPC and pre-commissioning work for new water treatment facilities to treat 170 000 barrels per day of produced water at the Phase 3 (Onshore) Project run by Khafji Joint Operations in the Saudi-Kuwait neutral zone. awarded under a $4. Its stand-out project. The firm. In January The Tokyo-listed firm announced it won the multibillion dollar lump-sum turnkey EPC contract for new gas processing facilities for the Barzan Onshore Project in Ras Laffan.74 billion and $5. civil works. 28.000 barrel per day Yanbu Export Refinery. In September 2010 Daelim finally signed a long-awaited $893 million EPC contract with Kuwait National Petroleum Company for the LPG TRAIN-4 Gas Pipeline Project at the Mina Al Ahmadi refinery complex south of Kuwait City. Statoil Association for the optimisation of the In Ain Amenas gas production. JGC Revenues and profits up on key Ras Laffan contracts Japanese EPC firm JGC is currently executing projects in Saudi Arabia. BP. chemical and petrochemical. Qatar.

BCEC has been involved with two on-going projects at Qatar’s Dukhan oil fields for Qatar Petroleum. Black Cat Engineering & Construction Oil field projects at Dukhan keep Black Cat in big leagues Qatar’s home-grown Black Cat Engineering and Construction (BCEC) goes from strength to strength. worth US$ 3. basic material fabrication. So while Doosan has been quiet on the upstream side last year. The plant once operational will generate 2. The project.they share our vision of supporting the phenomenal economic growth of the country. providing services including engineering design. South Korean powerhouse Doosan is one of the oldest EPC contractors in our list. commissioning. It is not only for the scale of orders in 2010 that Doosan demands attention.9/3/13 Top 30 EPC Contractors: 2011 edition Founded in 1896. The project is worth US$ 1.” Doosan diversifies from hydrocarbon energy. The board of firm’s holding company. While it has been a quiet year for Doosan in terms of upstream orders. Gyeong-ho Park. equipment installation. their next project is likely to be a blockbuster. including in the UAE and Iraq and is working on establishing itself as a skilled engineering contractor in these markets.arabianoilandgas. Global Industries New pipelaying vessel leads to contracts www.46 billion. An example is the EPC contract win for the Rabigh 6 project. constitutes the largest single project for power plant construction that a Korean company has ever secured overseas.800 megawatts. particularly in Saudi Arabia and the UAE. Our driving principal is that Black Cat’s clients are our long term business partners . making it the largest desalination project in size in the world. safety system at its overseas project sites. “Participating in Qatar’s economic development is Black Cat’s core philosophy. knowledge-based operation with the capabilities of training and cultivating the human capital resources in Qatar. Ras Az Zawr seawater desalination project to be executed in. positioning itself to capture much of the high-end EPC and subcontractor work in the Gulf state and beyond in the coming months and years. “We have developed Black Cat Engineering into a dynamic. Saudi Arabia’s second largest city. the company has made increasing inroads into largescale infrastructure projects. general manager of Black Cat Engineering & Construction. With over 110 engineers of every discipline. 29. (KEPCO) to supply the main facilities of nuclear power plants to be built in the United Arab Emirates. BCEC has the ability to undertake complex projects in very tight and challenging time scales. 30. Qipco Holding. Our goal is to establish ourselves as an integral pillar in the transformation of Qatar into a global energy hub” he added. One of the key attributes that distinguishes BCEC from other local players is Black Cat’s considerable in-house engineering capability.” said Adnan Al-Mubarak. recognizes the tremendous potential for BCEC’s growth and backs the firm’s wishes to expand their offering to markets further afield.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 11/12 . The Company has achieved 20 million safe man hours of accident-free operation during the project through last year. some 150 km north of Jedda. The company is supplying sweet fuel gas and producing water treatment and injection at degassing and PWI stations. Saudi .44 billion. The company has ambitions to expand its reach. announced on June 30 that it had signed a contract worth US$ 4 billion as part of a South Korean consortium with Korea Electric Power Corp. This involves Phase-6 expansion of the thermal power plant in the Rabigh region. executive managing director “illustrates the excellence of Doosan Heavy Industries and Construction’s accident-free. and facility construction. These projects will be completed in the first quarter of 2012. BCEC has put in place its own type of work processes to handle the complex jobs they are undertaking. and the firm sees potential for the way they do things.

unmanned offshore wellhead platform. stated. and one 27 km x 12″ oil production pipeline to one of Dubai Petroleum’s existing offshore processing facilities. John Reed. deepwater/SURF installations. which was slated for completion in the first half of 2011.arabianoilandgas. Global Offshore International. engineering. Privacy Policy and Terms & Conditions. “we continue to see many opportunities for the broad capabilities of this unique vessel.” ©2013 ITP Business Publishing Ltd. platform installation and removal. Global’s Chief Executive Officer. www.com/article-9063-top-30-epc-contractors-2011-edition/1/print/ 12/12 . and diving to the oil and gas industry worldwide. one 27 km x 6″ gas lift pipeline. covers the design. project management and support services including pipeline construction. This project award also represents a significant step for Global as we work to position ourselves as a significant player in the Middle East. In October the firm’s wholly owned subsidiary. construction and installation of a basic.9/3/13 Top 30 EPC Contractors: 2011 edition Global Industries is a provider of offshore construction. The project. Global intends to use its newly built Global 1200 deepwater derrick pipelay vessel for the project. | Use of this site content constitutes acceptance of our User Policy. We look forward to working for Dubai Petroleum on this project and many more in the future. a crucial oil and gas market. IRM. won a contract from Dubai Petroleum Establishment (DPE) to perform the Al Jalilah Platform and Pipelines EPC project.