Revealed: Top 25 EPC Contractors 2023 – Lists

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As the region’s definitive ranking of excellence and innovation, Oil & Gas Middle East’s Top 25 EPC Contractors list showcases the top-performing companies that have demonstrated excellence in the field of Engineering, Procurement, and Construction.

The Middle East region has established itself as a global powerhouse in the oil and gas sector, fueling economies and driving progress worldwide. Behind the massive scale and intricate operations of energy projects lie the EPC contractors who possess the skills to turn ambitious visions of oil and gas producers into reality. This list is a tribute to the contributions of the contractors and a celebration of their engineering expertise.

As the word seeks low-carbon energy sources, we shine a spotlight through this list on the EPC contractors who struck the right balance between conventional and decarbonisation opportunities while allocating their resources accordingly.

Methodology: While formulating the list, the Oil & Gas Middle East tem took into account financial reports, current and completed projects, project backlog, sustainability initiatives, and the company’s overall impact in the energy sector along with the future potential in the Middle East.

top-25-epc-contractors
1. NPCC
2. Petrofac
3. Samsung Engineering
4. Technip Energies
5. McDermott
6. L&T
7. Saipem
8. Wood
9. Técnicas Reunidas
10. Hyundai Engineering and Construction
11. Maire Tecnimont
12. Sinopec Engineering
13. China Petroleum Engineering and Construction Corporation
14. Kent
15. Consolidated Contractors Company
16. China Offshore Oil Engineering Company
17. Penspen
18. Petrojet
19. Worley
20. Galfar Engineering and Construction
21. JGC Corp
22. Daewoo Engineering and Construction
23. Heavy Engineering Industries & Shipbuilding Company
24. Lamprell
25. Robt Stone
1. NPCC

UAE-based NPCC has secured the top spot again this year thanks to its steady stream of new contracts and execution of mega project developments. As of Q3 2023, NPCC’s total cotract value stood at over $4.63 billion. The state-owned contracting giant secured key contracts including ADNOC’s Hail & Ghasha Pre-Construction Service Agreement and the EPC works for the Main Oil Line from Umm Lulu to Zirku Island.

In 2022, NPCC was awarded contracts worth $3.54 billion in the Middle East including work at Aramco’s Jafurah development program and EPC work for ADNOC’s New Main Gas Line Project at Lower Zakum.

In the coming year, NPCC plans to consolidate its position in the core market and segments by tendering and executing mega-project developments for its clients in the oil and gas sector. The company is also exploring project developments in the New Energies sector, working closely in partnerships on related projects.

Currently, NPCC is executing ADNOC LNG’s Ruwais LNG and LNG 2.0 projects through a partnering strategy with Technip Energies. Amid massive investments in green hydrogen and CCS prospects in the MENA Region, NPCC is actively engaging in discussion with major stakeholders and technology providers to support the reduction of CO2 emissions. Sustainable development and preservation of biodiversity are integral elements of NPCC’s operations. The contractor implements sustainability measures depending on the type and location of the project and its impact on biodiversity. In 2022, NPCC ensured zero spills and environmental incidents with a robust waste management plan in place to ensure the movement towards a more circular economy and to reduce its waste generation rate.

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2. Petrofac

This year, Petrofac has moved up to the second spot on the top contractors list. The first half of 2023 was Petrofac’s strongest period for new awards in many years. The company’s E&C business nearly tripled its backlog in the first half of this year, securing $3.4 billion worth of new awards in both its core markets with long-standing clients and in new energies. This high-quality backlog along with future opportunities and a growing taented team provides Petrofac with a strong base from which to move forward. In the coming months, Petrofac will continue selective bidding to continue to grow its high-quality backlog. The company is also well-positioned to continue backlog growth in both E&C and Asset Solutions, with a healthy pipeline scheduled for award in the next 16 months of $60 billion.

In May 2023, Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corp, received an award from STEP Polymers SPA (a Sonatrach subsidiary) to execute a significant petrochemical project in Algeria. The total contract value is approximately $1.5 billion, with Petrofac’s share valued at over $1 billion. More recently, Petrofac secured an EPC contract from ADNOC Gas Processing for its Habshan Complex, West of Abu Dhabi. The contract, awarded to Petrofac Emirates, is valued at approximately $700 million and involves the Engineering, Procurement, and Construction of a new ga compressor plant.

Petrofac works with its clients to reduce the carbon intensity of existing oil and gas facilities, design and build lower-intensity facilities, and deliver on the potential of new energies. The contractor was recently awarded the Gold Impact Seal for delivering on its sustainability strategy in the UAE, which is the country’s official federal recognition that certifies, measures, and rewards entities’ leading sustainable impact practices.

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3. Samsung Engineering

South Korean contractor Samsung Engineering, a leading engineering, procurement, construction, and project management company with a strong presence in the Middle East, has moved up several spots on our list this year. The company kicked off the year to a great start, securing an award, alongside its joint venture with Taiwan’s CTCI, for a portion of QatarEnergy’s Ras Laffan Petrochemicals Project. Once completed, the ethylene plant will be one of the largest in the world by capacity. The toal cost of the project is $6 billion and the project start-up is anticipated in late 2026.

In 2022, the contractor completed massive projects including packages for Oman’s OQ Duqm Refinery and Kuwait’s Clean Fuel Project. Samsung Engineering is also executing several major projects including Oman’s Green Ammonia Project, ADNOC Refining’s Crude Flexibility Project, and Saudi Aramco’s Jafurah Gas Process Project.

The company’s net profits for Q2 2023 surged to $195.2 million for the second quarter, while its revenue hit $2.2 billion, thus continuing its solid performance. On its future growth plans, Samsung Engineering said it plans to continuously implement the FEED-to-EPC strategy to secure stable profits while continuing to receive new orders by participating in overseas tenders in the Middle East and Asia. The company has also been actively preparing for the future by accelerating innovation in its business execution, investing in strategic technology and partnerships, specificallydesigned to address societal challenges, while proactively sustaining a consistent trajectory of growth. In addition, Samsung Engineering established the Environmental, Social and Governance (ESG) Committee within the Board of Directors in March 2022 to enhance its ESG management efforts.

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4. Technip Energies

Technip Energies ranks higher on our list this year after its order backlog hit a record high of $21 billion, the highest since the company’s inception, after securing a landmark award for the North Field South LNG project from QatarEnergy. Technip Energies is a leading engineering and technology company for the energy transition, with growing market positions in blue and green hydrogen, sustainable chemistry, and CO2 management.

In May 2023, QatarEnergy awarded a $10 billion engineering, procurement, construction, and commissioning contract to a group including Technip Energies and Middle East-based Consolidated Contractors Company.

Technip Energies’ chief exective Arnaud Pieton said the North Field South award “provides excellent multi-year visibility, equivalent to approximately three times our annual revenues”.
Besides the QatarEnergy deal, Technip Energies also secured major deals in Europe and a project management consultancy contract with Saudi Aramco for the master planning of a new industrial city in Saudi Arabia during the first half of this year. The contract includes a number of PMC studies for the execution of the Liquid-to-Chemical Program, an ambitious initiative by the Kingdom to transform a significant portion of its oil and gas production into valuable chemical products.

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5. McDermott

Offshore engineering and construction firm McDermott is back on our list this year after securing a massive EPCI contract from QatarGas for the North Field Production Sustainability (NFPS) offshore fuel gas pipeline and COMP1, a subsea cables project.

The EPCI contract was categorised as ‘major’ by McDermott, meaning it is valed between $750 million and $1.5 billion. Under the contract, McDermott will install subsea pipelines, subsea composite cables, fiber-optic cables, and onshore pipelines.
This contract comes after the North Field Expansion Project (NFXP) contract that McDermott received in 2022.

In October 2022, the Houston-based contractor also partnered with Saudi Aramco and NPCC to establish two offshore fabrication yards in Ras Al Khair. The new yards will fabricate and assemble offshore platforms, jackets, and structures for subsea pipelines.

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6. L&T

L&T is one of the largest oil and gas engineering, procurement, and construction contractors in South Asia and the Middle East and has reported almost $1.8 billion worth of new awards from Saudi Aramco alone this year.

The company is a key member of Saudi Aramco’s lucrative long-term agreement (LTA) with international contracting giants and has a strong foothold in the Indian and Middle East markets.

L&T Group revealed in its lates quarterly results that its order book increased sharply to $50 billion, led by improved market fundamentals and increased contracting activity. The company’s energy projects segment secured orders valued at $88 million during the quarter that ended 30 June 2023, registering substantial growth of 66% year-on-year with the receipt of orders in the onshore and offshore vertical of the hydrocarbon business.
L&T is diversified across several verticals that include onshore and offshore hydrocarbons, renewables, transmission and distribution, civil infrastructure, and information technology, which together contribute to its mammoth order backlog.

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7. Saipem

Italian contractor Saipem is back on our list this year after maintaining its steady flow of contracts in the Middle East.

In June 2023, Saipem reported a major EPCI contract for offshore activities in the Middle East under the existing long-term agreement (LTA) between the Italian company and Aramco. The scope of work icludes the EPCI of five platforms and associated subsea pipelines, flowlines, and cables in the Marjan field which is located offshore Saudi Arabia, featuring an entirely in-Kingdom fabrication project.

Last year, Saipem won five offshore drilling contracts in the Middle East and West Africa worth about $800 million. Saipem posted a net profit of $44.4 million in the second quarter of 2023, compared to a net loss of $35 million during the same period last year, driven by the acquisition of new contracts, and growth in revenues and margins.

Saipem, headed by chief executive Alessandro Puliti, won new contracts worth $7.36 billion in the first six months of 2023, which is nearly double compared to $4.61 billion in the corresponding period last year.

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8. Wood

British multinational engineering and consulting business Wood marked a year of strategic growth in the Middle East following a suite of contract awards across its Consulting, Projects, and Operations businesses. Te contracts awarded, worth around $590 million, saw Wood’s teams in the Middle East work together with a range of partners and clients to unlock conventional and low-carbon energy supply, optimise energy production and processing, and extend onshore and offshore asset life across Bahrain, Iraq, Saudi Arabia, Kuwait, Qatar, and the UAE.

Key contract awards secured in the last 12 months include a long-term multi-million-dollar contract in Qatar, several PMC projects in Abu Dhabi, as well as an extension for Front End Engineering, Detailed Engineering, and Procurement and EPC contract management solutions for a long-term client in Iraq.

Wood continues to grow and expand its footprint in the Middle East by investing in the development of its national workforce. In Iraq, Wood plans to recruit more than 200 new employees to support contract wins. Also, Wood said it will continue to support low-carbon and hydrogen projects in the Middle East.

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9. Técnicas Reunidas

Spanish cntractor Técnicas Reunidas has moved up several spots on our EPC contractors list this year thanks to its steady stream of contracts. After several years of delays of Final Investment Decisions from clients, the contractor saw accelerated bidding activity leading to some major new awards during the first few months of 2023.

In August 2023, the company’s JV with NPCC secured a $3.6 billion contract for ADNOC’s gas processing infrastructure. The scope of work includes commissioning of new gas processing facilities that will optimise supply to the Ruwais Industrial Complex in Abu Dhabi’s western Al Dhafra region.

In May 2022, a JV between Técnicas Reunidas and Wison Engineering landed a sizeable contract from QatarEnergy for the North Field Expansion Project. Scope of work includes sulphur handling, storage, and loading facilities within Qatar’s Ras Laffan Industrial City.
The company is actively working on major projects in the Middle East including Oman’s Duqm refinery, Aramco’s Marja field, and GT5 natural gas project in Kuwait.

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10. Hyundai Engineering and Construction

South Korean contractor Hyundai Engineering & Construction Co (HDEC) is back on our list this year after securing several contracts and hitting key milestones. The firm was awarded contracts for two EPC packages related to a petrochemical expansion at the SATORP refinery in Jubail, Saudi Arabia.

This contract marks the largest order a domestic company has ever won in Saudi Arabia for plant construction and is part of the Amiral project, a future, world-scale petrochemical complex co-developed and operated by Aramco and France’s TotalEnergies.
HDEC is currently executing 13 projects worth $4.87 billion in Saudi Arabia, including Marjan Oil Field Development Program, Jafurah, and a number of transmission lines and substation projects.

Earlier this year, the contractor also started construction work on the Shaheen Project, which marks Aramco’s biggest-ever investment in South Korea.Hyundai E&C is the project lead for the Shaheen Project, which aims to build the largest petrochemical facility in the history of the South Korean downstream industry.

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11. Maire Tecnimont

Maire Tecnimont is back on our list after securing major contracts in the Middle East region, maintaining the group’s backlog at consistently high levels. Significant contracts awarded during the past two years include three EPC contracts worth $3.5 billion from Abu Dhabi’s Borouge for the fourth expansion phase of the Ruwais polyolefins complex, west of Abu Dhabi.

In December 2022, the Italian contractor landed a $1.3 billion EPC Lump Sum contract by a QatarEnergy-Chevron Phillips Chemical JV for the $6 billion integrated polymers complex in Ras Laffan Industrial City in Doha. The project’s scope of work entails complete engineering services, equipment and material supply, erection, and construction activities up to mechanical completion, which are expected to be complete by 2026.
In 2022, Maire Tecnimont’s main subsidiary Tecnimont was also awarded an EPC contract for Sonatrach’s LPG extraction plant.

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12. Sinopec Engineering

China-headquartered Sinopec Engineering made a breakthrough in the international market by exceeding its annual contract target of $1 billion in 2022, the company stated in its annual report. Sinopec Engineering entered the Algerian market for the first time, continued to consolidate the Middle East market, and successfully ventured into providing technology and engineering services to the Central Asian market.

Last year, the company signed two EPC contracts with Algerian National Oil Co totaling $497 million. Sinopec Engineering also signed a series of engineering service contracts with Saudi Aramco and SABIC and made breakthroughs in new countries and new fields across Iraq, UAE, and Qatar.

In June 2023, Sinopec Engineering Saudi Co. Ltd secured a major EPC award for Tank Farm and SATORP integration from Aramco and TotlEnergies for the $11 billion Amiral complex currently being developed at the SATORP refinery in Saudi Arabia.
“In the overseas market, the Sinopec Engineering’s project execution has fully resumed normal and the overseas business maintained continuous, stable and healthy operation”, the company said in its annual report.

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13. China Petroleum Engineering and Construction Corporation

China Petroleum Engineering and Construction Corp (CPECC), a subsidiary of the China National Petroleum Corp, is an engineering and construction company that builds refineries, pipelines, and other oil and gas-related infrastructure. The company is on our list this year as it continues to secure new awards and execute key projects in the Middle East including UAE, Kuwait, Iraq, and Iran.

In June 2023, CPECC won a major contract from ADNOC Onshore, the onshore unit of ADNOC, to upscale production of its mature fields. CPECC said the award covers engineering, procurement, construction, and mnagement of what is called Project Swing, involving retooling the existing facilities at the giant Bab field, Northeast Bab field and Southeast field — as well as adding facilities for water and gas injection.

Another significant award was secured by the CPECC consortium with Saipem and NPCC worth $60 million, for the early project activities such as initial detailed engineering and procurement of critical long lead items of ADNOC’s Hail and Ghasha gas development project.

CPECC is also constructing Iraq Basrah’s natural gas liquids plant, which is set to liquefy 200 Mcf of associated gas daily in its initial phase, with an expected rise to 400 Mcf per day by the end of 2023.

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14. Kent

Dubai-headquartered Kent continues to support its regional clients with a range of engineering and project delivery services. In Q3 2022, Kent was awarded a major front-end engineering and design (FEED) and engineering, procurement, and construction management (EPCM) contract by ADNOC or the BAB Far North Full Field Development Project. The project supports ADNOC’s ambitions to sustainably increase oil production to meet energy demands.

The company has also been awarded several Project Management Consultancy (PMC) projects for ADNOC assets throughout the last 12 months, solidifying its position as the leading PMC provider in the region. With over 40 years of experience in the Middle East, several of its previously-awarded contracts received extensions during this period, including general construction management services in Iraq, commissioning support services in Oman, and operations and maintenance support in Saudi Arabia and Kuwait.

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15. Consolidated Contractors Company

Greece-headquartered Consolidated Contractors Co (CCC) has moved up several spots on our list after securing a major Engineering, Procurement, Construction, and Commissioning (EPCC) contract alongside its joint venture with Technip Energies for QatarEnergy’s North Field South Projct.

This award will cover the delivery of 2 mega trains, each with a capacity of 8 mtpa of LNG. It will include a large CO2 carbon capture and sequestration facility of 1.5 mtpa, leading to over 25% reduction of greenhouse gas emissions when compared to similar LNG facilities.
In April 2022, CCC partnered with the Education for Employment (EFE) for a project to train young Saudi women aimed to reduce unemployment and expand economic opportunities for Saudi youth.

In December 2022, a consortium of CCC and thyssenkrupp Uhde was awarded an EPCC contract for the world’s largest blue ammonia plant to be built for Qatar Fertilizer Co.
According to CCC, its participation in the strategic project aligns with the management’s directives of “collaborating with select clients and partners of choice on projects that further advance sustainability in the energy sector.”

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16. China Offshore Oil Engineering Company

China Offshore Oil Engineering Co (COOEC), a subsidiary of China Naional Offshore Oil Corp, claims to be the only large-scale general contracting company in China that integrates offshore oil and gas development engineering and LNG engineering. Established in Bohai Bay, China about 40 years ago, the company posted record revenues of $4.2 billion in 2022 driven by a hefty workload and bumper orders.

In May 2023, COOEC won an EPCI order from Saudi Aramco for its $1 billion Safaniya offshore increment project. The scope of work on the Safaniya offshore increment project, which was divided into 10 tenders, includes 13 offshore jackets that will be built in Qingdao City in Shangdong province. According to media reports, COOEC expects project delivery in July 2024.

In October 2022, COOEC and Saipem were awarded a significant EPC package from QatarGas dubbed EPCI 2 that includes two compression complexes intended to sustain production at the North Field. Saipem said at the time of the award that the project will include “two of the largest fixed steel jackt compression platforms ever built”, as well as flare platforms, living quarters, interconnecting bridges, and interface modules.

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17. Penspen

Penspen announced a positive start to the fiscal year with $81 million awarded in new contracts during the first half of 2023. In the Middle East and Africa region, Penspen reported 28 new contracts with a total value of $67 million for its Engineering, Project Management Consultancy, and Asset Integrity Service Lines for national and international energy companies as well as EPC contractor clients.

“Penspen is proud of its contribution to the development of sustainable energy systems through the use of its deep experience and expertise. We look forward to continuing to work together with the industry to shape the future of the energy sector,” Peter O’Sullivan, Penspen CEO, said in a statement.

In September 2022, Penspen partnered with UAE’s Khalifa University to help future engineers develop the technical competency and real-orld experience required to succeed in their fields.

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18. Petrojet

Egyptian contractor Petrojet, the executive arm of the Egyptian Petroleum Ministry, is back on the list this year after securing new contracts and executing several key projects in the region.

In February 2023, Saudi Aramco Base Oil Co (Luberef) awarded a $148.55 million EPC contract to Petrojet for the Yanbu Growth II expansion project. A few months later, Petrojet secured two EPC packages worth $181 million for ADNOC’s Bab and Asab oil field clusters. Petrojet’s scope of work for Package 1 includes dismantling and reinstatement of existing workover structures, rehabilitation of existing gas production flowlines at Bab, construction of a temporary facility, and tie-in of gas producer wells at Bab and Manifa.

In an effort to execute clean energy projects, Petrojet signed an MoU with DNV, the global independent energy expert and assurance provider, to strengthen their collaboration for the energy transtion in Egypt through the development of green hydrogen and its derivatives.

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19. Worley

Australia-based global engineering services company Worley is seeing investment growth across all its core markets, the company said in its annual report.
In November 2022, Worley’s joint venture in Oman with Special Technical Services secured a two-year contract extension to provide EPC services to BP’s Khazzan Gas assets. The scope of work includes brownfield projects and turnarounds, which will help sustain the life of BP’s existing assets in Oman.

In July 2022, Worley was awarded two project management service contracts for Aramco’s unconventional gas programme. Under the contracts, Worley will provide FEED, detailed design support, project management services, and construction management services.
The term of both contracts is three years with an option for an extension for a further two years. Worley will carry out the work from their Al-Khobar and Houston offices.

“Being prt of a project that not only looks towards sustainability but also contributes to boosting regional economy demonstrates Worley’s commitment to developing future growth in the location,” Eissa Aqeeli, Worley’s Senior Vice-President and Location Director, Saudi Arabia and Bahrain, said at the time of the contract award.

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20. Galfar Engineering and Construction

Oman’s Galfar Engineering & Contracting and its subsidiary and associated companies reported a net profit of $3.23 million for the period ending June 2023. The company’s financial position continued to be positive supported by a robust order backlog with stable operating profit. Key to sustaining the company’s order book is a strategy to supplement its longstanding focus on conventional contracting projects with opportunities to be delivered under the Design Build Own Operate Maintain and EPC models– a trend being witnessed lately in the oil and gas sector.

During the period, its parent company Galfar continued o maintain a healthy project pipeline supported by new project awards worth $1.67 billion. The company said it continues to explore opportunities to reduce operating expenses, maintain market competitiveness, and improve the financial results while strengthening the company’s financial position.

In 2023, Galfar announced significant new contracts including awards for OQ’s Bisat Permanent Power Supply Project, ADNOC’s Bab and Asab oil field clusters, and Petroleum Development of Oman’s Qarn Alam oilfield.

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21. JGC Corp

Japan’s JGC Holdings Corp reported a year-on-year increase in total engineering sales and profits driven by steady progress on major large-scale projects, the contractor said in its latest financial report.

Some notable projects include Iraq’s Basrah Refinery Upgrading Project, which includes the construction of a new fluid contact cracking unit, depressurisation distillation unit, and light oil desulfurisation unit. JGC Group is committed to the compleion of this project in 2025, which will play a key role in the reconstruction and economic development of Iraq.

In May 2022, JGC was awarded a key contract for Aramco’s Zuluf project, which includes work on its onshore gas-oil separation plant and utility facilities, including water injection. The Zuluf project, which is a giant oil field located in the Arabian Gulf, aims to increase production by around 600,000 barrels per day of Arabian heavy crude.

“The JGC Group will continue to aim to win orders for projects planned by Saudi Aramco, realizing job creation and technology transfer to many Saudis through the execution of such projects, thereby contributing to the further development of the Kingdom of Saudi Arabia,” JGC said at the time of the contract award.

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22. Daewoo Engineering and Construction

Korean contractor Daewoo Engineering and Construction (E&C) is back on our list this year after maintaining steady activity in the Middle East region. In June 2023, the ontractor’s Nigerian subsidiary secured a $262 million order to build a fertiliser plant in Nigeria.
Daewoo E&C reported an all-time high operating profit of $583 million with plans to further increase its order backlog by winning additional orders from key markets such as Libya, Nigeria, and Iraq.

Earlier in 2023, the Korean company signed an agreement with Saudi construction giant Alfanar during Saudi Aramco’s iktva 2023 Forum and Exhibition. The $1.5 billion agreement signed by Amer Al-Ajmi, executive vice president of Alfanar, and Sungmin Yang, senior vice president of Daewoo, is aimed towards joint cooperation in future projects for the oil, gas, and petrochemicals sectors.

Last year, UAE’s National Marine Dredging Co signed a memorandum of understanding (MoU) with Daewoo E&C, in a bid to cumulatively grow business opportunities across the Middle East and Africa. Through the MoU, the two entities will jointly explore onshore and offshore engineering, procurement, and constructio projects.

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23. Heavy Engineering Industries & Shipbuilding Company

Kuwait’s Heavy Engineering Industries & Shipbuilding Co. (HEISCO) is a new entry on the top contractors’ list. The contracting company, which caters to a diversified range of businesses including oil and gas, petrochemicals, and several others, landed significant contracts in Kuwait and Saudi Arabia during the past year.

In Kuwait, the contractor landed multi-million contracts for construction of flowlines and refinery maintenance work. In Saudi Arabia, HEISCO was awarded a $133 million contract for the execution of primary civil and mechanical construction works for the Juaymah Natural Gas Liquids Fractionation (JNGLF), which is responsible for providing ethane, propane and butane products to Aramco’s local petrochemical industry through fractionating and treating natural gas liquids. In addition, Juaymah also has the capability to export refrigerated propane and butane through export facilities.

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24. Lamprell

UAE-headquartered Lamprell started its business in the oil and gas sector in 1976 and is well-known for building complex offshore and onshore process modules and platforms and fabricating and refurbishing jack-up rigs and lifeboats.

In June 2023, Lamprell was awarded an EPCI contract for Aramco’s Abu Safah and Marjan offshore oil fields. The scope of work includes EPCI works for offshore jackets, production deck modules, pipelines, and subsea power cables.

Driving strategy and growth through its renewables, oil and gas, and digital business units, the company has worked hard to establish its reputation for delivering projects safely, on time, and within the budget.

The company recently secured a subcontract from National Petroleum Construction Company for the construction of five offshore jackets for a major oil and gas project with an overall fabrication weight of almost 14,000 tonnes.

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25. Robt Stone

ROBT STONE is a new entry on our list as it continues to emerge as one of the fastest-growing EPC contractors in the MENA region, especially in the UAE. Established in Abu Dhabi in 2006, the contractor has steadily grown over the last 17 years.

In July 2023, the company secured a major contract from a unit of ADNOC to provide EPC services for its offshore project in Abu Dhabi. The project scope includes EPC of two power skids at Jebel Dhana including modification of various switch gears, additional isolation valves on inlet and outlet connections to small and medium tanks including RGA lightning system for tanks.

“The project is a testimony of its strength and proven track record of timely execution of various projects in different ADNOC oil and gas fields like Neb, Asab, Bab, Buhsa, Sahil, Shah, Queshwira, Mender and earlier successful execution in MP-21 with ADNOC Onshore,” a company spokesman said at the time of the contract award.