Top 15 EPC Contractors in the Middle East - 2024
As the Middle East continues to cement its place as a global energy leader, Engineering, Procurement, and Construction (EPC) contractors play a crucial role in driving the region’s growth. These companies are responsible for transforming ambitious oil and gas visions into reality, managing some of the world’s most complex and large-scale energy projects.
The Top 15 EPC Contractors in the Middle East for 2024 represent the best in engineering excellence, innovation, and sustainability, leading the charge in advancing the region’s energy infrastructure. Below, it is spotlighted the standout performers of the year:
1. NMDC Energy
With over 1,200 projects completed, NMDC Energy stands out as a leader in engineering and procurement. Established in 1973, NMDC Energy has become a major force in the industry, boasting one of the largest fabrication yards and offshore fleets in the MENA region. Since beginning its offshore operations in 1978, the company has consistently expanded its range of services to address the changing demands of the energy sector.
The company has developed strong partnerships with ADNOC and Saudi Aramco, showcasing its ability to deliver on major projects in both upstream and downstream sectors. Its focus on integrating advanced technologies and sustainable practices has positioned NMDC as a preferred contractor in the region.
In the past year, NMDC Energy has participated in numerous significant projects throughout the Middle East, showcasing its proficiency in handling complex undertakings. Key projects include the Dalma Gas Development, LZ LTDP-1 New Main Gas Pipeline, and the Hail & Ghasha Development, among others.
2. Samsung E&A
Samsung Engineering is renowned for its commitment to quality and safety, consistently delivering projects on time and within budget. The company has established a strong presence in the UAE and Saudi Arabia, engaging in a diverse range of projects, including oil refining, petrochemical facilities, and renewable energy. Samsung’s emphasis on sustainability is reflected in its innovative ESG strategies, making it a key player in the region’s energy transition.
3. Saipem
As a leading Italian contractor, Saipem excels in offshore engineering and construction. With a robust pipeline of projects, the company has secured significant contracts with Saudi Aramco, particularly in the development of offshore oil fields. Saipem is also actively investing in technologies that promote carbon capture and storage (CCS), aligning its operations with the region’s sustainability goals.
Saipem saw a robust performance in 2023, with revenue climbing to $9.38 billion, up from $7.88 billion in 2022. This growth was especially prominent in the Offshore sector, encompassing both Engineering & Construction and Drilling divisions. The company also achieved an adjusted net profit of $94.08 million from continuing operations, a notable recovery from the $137.6 million loss reported during the same period in 2022.
4. Petrofac
Petrofac has established itself as a dominant force in both traditional and renewable energy sectors. The company’s strong backlog, coupled with its recent contracts for the Habshan Carbon Capture project in the UAE, underscores its commitment to reducing carbon emissions. Petrofac is known for its integrated approach, combining engineering, procurement, and construction services, which allows for efficient project delivery and cost savings.
5. Target Engineering
Target Engineering has been a key player in the Middle Eastern EPC landscape, specializing in oil refining and gas processing projects. The company is recognized for its high-quality execution and commitment to safety. Recent initiatives focus on sustainable practices, including waste management and energy-efficient processes, ensuring that Target Engineering remains competitive in a rapidly evolving industry.
6. Kent
Based in Dubai, Kent has rapidly expanded its footprint across the Middle East, securing long-term agreements with major players like ADNOC and Shell. The company is renowned for its project management services and engineering solutions, particularly in the oil and gas sector. Kent is also advancing its capabilities in digital technologies and sustainability, helping clients transition to greener energy solutions.
7. Técnicas Reunidas
With a focus on the energy transition, Técnicas Reunidas has carved a niche in low-carbon initiatives and gas development projects. The Spanish contractor is involved in several high-profile projects in the Middle East, aiming to integrate sustainable practices into traditional oil and gas operations. Their commitment to innovation is evident in their investment in R&D for cleaner energy technologies.
领英推荐
8. Wood
Wood continues to strengthen its position in the Middle East by focusing on emissions reduction and asset longevity. The company has secured major contracts across Iraq, Saudi Arabia, and the UAE, providing a range of services from project management to environmental consulting. Wood’s involvement in both conventional and renewable energy projects demonstrates its versatility and commitment to a sustainable future.
9. McDermott
McDermott’s reputation for offshore engineering is well-deserved, especially with its recent work on the North Field Expansion Project and significant contracts in Saudi Arabia. The company’s expertise in complex offshore projects, combined with its focus on technology-driven solutions, positions it as a leader in the EPC sector. McDermott’s commitment to safety and sustainability further enhances its standing in the industry.
10. Larsen & Toubro (L&T)
L&T remains a formidable EPC player with a diverse portfolio of projects across the Middle East. The company is particularly active in gas processing and offshore developments, including major contracts with Saudi Aramco for the Jafurah and Ruya projects. L&T’s strong engineering capabilities and commitment to innovation have enabled it to excel in delivering complex projects efficiently.
11. KBR
KBR is at the forefront of the energy transition, focusing on renewable hydrogen projects and supporting Kuwait’s energy transition master plan. The company’s expertise in engineering and technology solutions positions it well to tackle the challenges of decarbonization and sustainable energy development in the region. KBR's commitment to innovation and its diverse service offerings make it a valuable partner in the Middle Eastern energy sector.
12. Nuberg EPC
A rising star in the EPC landscape, Nuberg EPC specializes in hydrogen technology and has led several landmark projects in green energy and hydrocarbons. The company’s innovative approach to engineering and construction has garnered attention, particularly in projects aimed at achieving sustainability targets. Nuberg’s focus on green ammonia and hydrogen production aligns with global energy trends and the Middle East’s diversification goals.
13. Technip Energies
Technip Energies continues to excel with its involvement in large-scale LNG and decarbonization projects, including Qatar’s North Field Expansion. The company emphasizes innovation and sustainability in its project delivery, utilizing advanced technologies to enhance efficiency and reduce environmental impact. Technip’s ability to adapt to market changes and focus on sustainable energy solutions makes it a key player in the region.
14. Sinopec Engineering
Sinopec’s strong partnerships with Saudi Aramco and its role in major pipeline expansions underscore its growth and solid presence in the Middle Eastern energy landscape. The company is recognized for its expertise in refining and petrochemicals, as well as its commitment to safety and operational excellence. Sinopec is also exploring opportunities in renewable energy projects, aiming to align with the region’s diversification efforts.
15. Consolidated Contractors Company (CCC)
CCC is a long-standing leader in the EPC sector, particularly noted for its involvement in large-scale LNG projects in Qatar. The company has been at the forefront of energy transition initiatives, including the development of blue ammonia production facilities. CCC’s extensive experience and commitment to sustainability position it as a trusted partner for clients in the evolving energy landscape.
Since 2013, TC2 Group has been helping companies improve their business performance. We are a technical advisor partner specialized in consulting services for Engineering, Procurement, and Construction fields offering:
?Assurance Services (Global Register)
??Vendor Management Services (VMS)
??Engineering Services