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2015 Top EPC Contractors

by Arabian Oil & Gas Staff on Jun 8, 2015

Oil & Gas Middle East

June 2015 Vol 11 Issue 06

1 Petrofac
The top spot of this years Top EPC Contractors is reserved for the international oilfield giant Petrofac.
Petrofac had a very successful start to the year winning deals for some of the Middle Easts most ambitious large
scale projects. In January, the London-listed EPC giant secured a $4bn deal for the first phase of the Lower Fars
heavy oil development programme in Kuwait.
When fully operational the initial phase is expected to produce around 60,000 barrels of oil a day. Petrofac is leading
a consortium with Greece- based Consolidated Contractors Company (CCC) as its partner.
In February, Petrofac won two oilfield service contracts with Algerian state-owned oil company Sonatrach. Under the
first agreement, the company will provide multi-discipline engineering, design and procurement services for
Sonatrachs upstream hydrocarbon development program over a five-year period.
The second agreement will see Petrofac establish a joint venture with Sonatrach to undertake engineering and
project execution of selected upstream and downstream developments.
In November, 2014 the firm bagged a second contract extension from South Oil Company (SOC) for support on its
Iraq Crude Oil Expansion Project. The 12-month extension is worth around $106mn bringing the total value of the
contract to more than $300mn since it was first awarded in 2012.
The company was also selected by BP in Iraq to provide general construction management services for the huge
Rumaila oilfield. The potential value of the deal has been put at $500mn and will last for three years, with an option
for further two-year extension.
Meanwhile, the EPC contractor reported record year-end backlog of $18.9bn, up 26% from 2013 when orders stood
at $15bn. However, it said it expected a lower than forecast net profit of $460mn this year due to the fall in oil
prices.
Fact:
- $18.9bn Petrofacs year-end backlog, up 26% since 2013

2 Saipem
Saipem enjoyed another stellar year in 2014/15, securing a number of high-profile contracts in the
Middle East and beyond.
Saipem will work on an EPC contract relating to the expansion of the onshore production centres at the Khurais,
Mazajili and Abu Jifan fields.
The construction of new facilities will allow to process additional 300,000 barrels per day from the Khurais field, while
the installation of new satellite facilities will reinstate production of 200,000 barrels per day from the Abu Jifan and
Mazalij fields.
The Khurais field is located about 150km northeast of Riyadh and it is a giant oil field, 127km long and covering an
area of 2890km2.
Umberto Vergine, Saipems CEO, commented: This new contract is the result of our successful project delivery in
Saudi Arabia and strengthens our relationship with Saudi Aramco, a key client.
Saipem is highly committed to the development of the strategic Saudis national resources. Furthermore, in drilling,
Saipem secured a new contract for Perro Negro 7 jack-up, operating offshore in the Middle East, starting from
November 2015 until the end of 2018.
Perro Negro 7 is a self-elevating drilling unit capable of operating in water depth up to 375ft. Saipem has also been
awarded, by different clients, new contracts relating to nine onshore drilling rigs operating in the Middle East and in
Latin America, with the value of contracts running into the billions.
In addition, through its subsidiary company Ersai Caspian Contractor LLC, the organisation recently won a major new
engineering and construction contract in the Caspian Region.

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2015 Top EPC Contractors

by Arabian Oil & Gas Staff on Jun 8, 2015

Oil & Gas Middle East

June 2015 Vol 11 Issue 06

In a consortium with Daewoo Shipbuilding & Marine Engineering Co, it was awarded a $1bn deal This contract
underlines our excellent track record in a key market for Saipem and I look forward to the continued development of
our presence in the Caspian Region, working with our local partners to deliver a high quality service to some of our
most important clients, said Vergine.
The scope of the contract includes yard engineering, fabrication and pre-commissioning activities as well as the loadout of 55,000 tonnes of pipe racks.
Fact:
- 300,00 the number of barrels of oil per day the new facilities will add to the saudi fields.

3 Hyundai Heavy Industries

As the worlds largest shipbuilder, the significance of Hyundai Heavy in the regions oil and gas
industry certainly cannot be overstated.
One of its most recent orders include a $1.94bn awards from Abu Dhabi Marine Operating Company (ADMA OPCO)
for the construction of fixed platforms in the Abu Dhabi Nasr field.
The project is scheduled for completion in the second half of 2019 and is estimated to raise the daily production
capacity of the offshore field to 65,000 bpd from the current 22,000 bpd.
Hyundai Heavy was among the bidding companies for Kuwaits $1.2bn contract for the Mina Al Ahmadi refinery but
lost to Spains Tcnicas Reunidas.
The company is currently working on $3.3bn order from Saudi Electricity Company to build the Shuqaiq Steam Power
Plant projected to come online in 2017. The scope of work includes engineering, procurement, construction, testing
and commissioning of the 2,640MW oil-fired steam power project in the Kingdom.
In May this year, the South Korean EPC giant signed a contract with Russias Gazprom to build a floating LNG
terminal, due to be delivered by November 2017.
The company is also due to build and deliver four 150,000m3 Moss type LNG carriers for Malaysias Petronas under a
$850mn deal.
In addition, Hyundai is projecting to win contract awards worth a total of $22.95bn in 2015.
In a New Years Address to his employees, Kwon Oh-gap, Hyundai President & CEO, said: In 2015, we must turn in
a profit to lay the foundation for renewed growth. We find ourselves at a critical juncture, where we need to rise
above external difficulties surrounding us while seeking recovery of our competitiveness through internal changes
and innovations.
Fact:
- $1.94bn The value of the Nasr field contract signed with ADMA-OPCO.

4 Samsung Engineering
Samsung Engineering is a mainstay of the EPC landscape in the Middle East and one of the industrys best known
and well trusted names. Part of its strength is its joint venture with the contracting giant Arabtec, and it looked like
the company would consolidate yet more towards the end of last year when it announced a mega-merger with
Samsung Heavy Industries.
However, this move was scuppered when according to reports the amount of stock buying requested from
shareholders opposing the deal exceeded the ceiling agreed in the deal.
The company also said the decision to cancel the merger was made to protect shareholder value.

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by Arabian Oil & Gas Staff on Jun 8, 2015

Oil & Gas Middle East

June 2015 Vol 11 Issue 06

The break-down will have come as a blow to Samsung Engineering as it would undoubtedly have increased its depth
of expertise and pushed it towards a full-service EPC firm. But the company is still well placed and continues to drive
on with a number of important oil and gas contracts in the Middle East and further afield.
It has become a trusted partner to major state-run oil companies such as Saudi Arabias Saudi Aramco, the UAEs
ADNOC, and Algerias Sonatrach. In recent years, it has been contracted to build the largest aromatics plant in the
world, as well as to singlehandedly perform U&O (utility and offsite) management for a $10bn refinery complex in
the UAE.
In addition, it has broken into the upstream hydrocarbon sector and has been awarded contracts for gas-oil
separation plants in Malaysia, Indonesia and Iraq.
Among the flagship projects it is currently working on are Saudi Aramcos Shaybah CPF Expansion GOSP Project (due
for completion in 2016), the Gazprom Badra GSP Project (2016), and the KNPC MAB Package 1 Clean Fuel Project
(2017).
Fact:
- 2017 The year for completing WORK ON KNPCS PROJECT

5 Technip
French engineering company Technip has won another major contract to add to its already extensive portfolio of
projects in the Middle East. The company was recently awarded a project management consultancy deal alongside
Japans Unico to upgrade a refinery in the city of Basra in southern Iraq.
The contract, which was awarded by the Ministry of Oils South Refineries Company, is an EPC deal that will see it
increase the petroleum production capacity at the plant following the introduction of a new fluid catalytic cracking
unit. The award follows on from an earlier deal won in June 2013 for it to project manage the upgrade of a refinery
in Karbala.
In November last year Technip scooped a contract for project management consultancy (PMC) services for phase 2
of the Nasr field development project, awarded by ADMA-OPCO.
The PMC project will be completed by 2019 and will contribute to the Nasr field annual production target of 65Kb/d
of crude oil by using offshore process facilities, wellheads, pipelines and facilities on Das Island.
Vaseem Khan, president of Technip in the Middle East, commented: This contract is a significant achievement and it
reflects ADMA-OPCOs trust in our capabilities in delivering key projects for them. This new award continues to
reinforce Technips positioning on PMC activities, leveraging its long-lasting experience in executing complex
projects.
Technip was also the contractor of choice for BPs ultra-deep water project in the Gulf of Mexico. The deal will see
Technip undertake the design, engineering, fabrication, installation and pre-commissioning of the new production
pipeline systems at a water depth of approximately 1,900 meters.
In September last year the company signed a $55mn front end engineering design (FEED) contract with the Bahrain
Petroleum Company (Bapco). After signing the agreement Technips CEO Marco Villa told the Bahrain News Agency
the $55mn deal is the beginning of a very important project that could result in a very long-standing relationship
between Bahrains national oil company and the French contractor.
Fact:
- $55mn The value of FEED contract awarded to Technip by Bapco

6 WorleyParsons
Australian EPC giant WorleyParsons enjoyed another successful twelve months, topped off by a substantial new
contract win.

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Oil & Gas Middle East

June 2015 Vol 11 Issue 06

The firm has been awarded a new six-year contract to provide project management services for Saudi Aramcos
offshore programme. The Australian oil and gas service provider has been consulting Aramco on its offshore
programme for the last twelve years.
Under the terms of the new contract, the company will provide project management and engineering services for
existing and new offshore facilities as part of Aramcos capital programme.
The firm will also provide project management consultancy services for marine vessels, which will stretch over a sixyear period.
WorleyParsons CEO Andrew Wood said: We thank Saudi Aramco for providing us with the opportunity to participate
in the definition and management of these critical projects. We are fully committed to supporting Saudi Aramco in
the establishment of a strong foundation for the successful implementation of its offshore programme.
WorleyParsons has now been working with Aramco for over a decade, illustrating the companys standing as the
worlds largest oil producer.
It adds to the companys portfolio of projects in the region, which includes a three-year contract from Shell Gas Iraq
BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that
are part of the scope of Basrah Gas Company.
In addition, it is also working with Kuwait Oil Company as part of a $400mn, five-year contract for the supply of
programme management services, including design, engineering construction and procurement.
Fact:
- $400mn The Contract value awarded to worleyparsons by KOC

7 CB&I
I n stark contrast to its competitors, a lot of which incurred major losses as a result of the oil price slump, CB&I
posted some rather strong Q1 results. The companys profits for the first three months of the year were up 40% at
$132.2mn.
New awards for the first quarter totalled $3bn, adding to a backlog of close to $30bn. Certainly some enviable
numbers, but the company is set for a busy year ahead. CB&I will conduct a major overhaul of five crude oil storage
tanks on Das Island a $90mn contract award by ADMA-OPCO.
Back home, the US-headquartered firm signed a contract for the front end engineering and design (FEED) and
engineering, procurement and construction (EPC) terms related to the Rio Grande Liquefied Natural
Gas (LNG) export project in Brownsville, Texas.
The Rio Grande LNG project includes plans for up to six liquefaction trains, with a nominal output capacity of 4.5mn
tonnes of LNG per train per year.
Philip K. Asherman, CB&Is president and chief executive officer, said: CB&I delivered solid first quarter operational
and financial performance.
We maintain confidence in our guidance for the year supported by the continuing development of LNG projects in
North America, petrochemical developments on the Gulf Coast, combined cycle power plants in the US, and
consistent margin performance from our operating groups, he added.
Fact:
- $30bn The value of backlog orders in 2015.

8 SK Engineering & Construction

One of a number of South Korean firms in the EPC 30, SK Engineering & Construction makes the top 10 for the
second year in succession.

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Oil & Gas Middle East

June 2015 Vol 11 Issue 06

Last year, four major South Korean construction companies won a $6.04bn deal to build an oil refinery in Iraq,
according to AFP. The consortium, made up of Hyundai Construction, Hyundai Engineering, GS Construction and SK
Construction won the bid from Iraqs State Company for Oil Projects (SCOP).
Under the deal, the four firms are charged with building the plant capable each day of refining 140,000 barrels of
crude oil in Karbala, about 120 kilometres south of Baghdad, Hyundai Construction and GS said in a regulatory filing.
The two Hyundai subsidiaries have a combined 37.5% stake in the project, with GS claiming the same portion and SK
Construction 25%. South Korean firms have stepped up efforts in recent years to tap into the oil-rich Middle East
region, seeking to build and upgrade energy infrastructure and homes.
It also teamed up with GS Engineering & Construction Corp to win an order for refinery work in Kuwait as part of a
joint venture with Japans JGC Corp.
One unfortunate story from the past 12 months for the company has been the decrease in production at the Wasra
field, which has ground to a halt over reported political issues between Saudi Arabia and Kuwait, which share the
project. Media reports have suggested that SK Engineering & Construction will be one of a number of contractors
that will seek compensation over the shutdown.
Fact:
- 140,000 The production capacity of Iraqs oil refinery

9 NPCC
UAE company features prominently in this years EPC list after scooping major contract wins
Abu Dhabi-based National Petroleum Construction Company (NPCC) boasts a rich history of contract awards from
around the GCC. Building on its extensive portfolio, it was recently awarded work on two main projects in Abu Dhabi
with their combined value exceeding $1.3bn.
In February, UAEs GASCO awarded it an EPC deal worth $410mn that will see NPCC build a 117km offshore segment
of the new 42 IGD-E pipeline.
The project is part of Abu Dhabis plans to develop and expand current facilities, aimed at boosting gas exports from
its offshore fields and satisfy increasing domestic demand.
Earlier this year, NPCC was awarded another contract by ADMA-OPCO valued at $885mn for the first phase of the
Lower Zakum Oil Lines Replacement Project. The scope of work involves 90km of pipeline replacement and
associated wellhead tower modification.
NPCC chief executive Aqeel Madhi, who signed the deal on behalf of NPCC, said: We are delighted to continue our
partnership with ADMA-OPCO in one of the most challenging projects. Taking part in this project puts us in a very
good position to address some of the unconventional and complex issues which require a high level of
professionalism and expertise.
This is the third deal to be struck between the two companies within the last 12 months, following a $1.6bn award of
the Umm Lulu field Package 1 and 2.
The project is still in the pipeline with completion scheduled for the first half of 2018.
Fact:
- $885mn The value of the first phase of the Lower Zakum project near abu dhabi

10 Fluor
The last 12 months have proved fruitful for US contractor Fluor, with some significant steps made in
the Middle East

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Oil & Gas Middle East

June 2015 Vol 11 Issue 06

Fluor Corporation was awarded an engineering, procurement and construction (EPC) contract by Sadara Chemical
Company for its reverse osmosis (RO) manufacturing facility in Saudi Arabia.
Located in Jubail Industrial City II at the Sadara complex, the facility will locally manufacture high-tech RO elements
that
purify
water
for
drinking
and
industrial
uses.
It is Dows first facility of its kind built outside the US with an expected date of completion by the end of 2015.
The facility will supply the local Saudi Arabian market as well as the wider Middle East and Africa (MEA) region and
markets with similar critical water needs, including Eastern Europe, India, China and South East Asia.
Dow has chosen Fluor as the EPC contractor for its reverse osmosis manufacturing facility in Saudi Arabia, said
Zuhair Allawi, president of Dow Saudi Arabia. Fluor has demonstrated extensive knowledge and experience within
this field and we are confident that the team will bring significant added value to the project. We look forward to
working with Fluor as we bring this project to life.
The contract compliments Fluors other work in the region. It is part of a consortium chosen to deliver the second
package of the Mina Abdullah Clean Fuels project in Kuwait.
Its client, state-owned Kuwait National Petroleum Company, had announced it had awarded $12bn worth of deals on
the project to upgrade and expand refineries, with three consortia led by JGC Corp of Japan, UK-based Petrofac and
US-based Fluor.
JGC Corp will upgrade the Mina Ahmadia refinery under a $4.8bn deal, while Petrofac and Fluor will work on Mina
Abdullah refinery under deals worth $3.7bn and $3.4bn respectively.
Fluors consortium also includes Daewoo E&C and Hyundai Heavy Industries. Fluors EMEA president, Taco de Haan,
said: This project will increase productivity at the facility, while also delivering products that comply with state-ofthe-art environmental standards.
Fact:
- $3.4BN the contract value awarded to Fluor for the Mina Abdullah Refinery

11 KBR
KBR has maintained a strong presence in the Middle East for decades, with several high profile projects under its
belt. These include the FEED work for Saudi Aramcos Jazan and Yanbu Refineries as well as the Shaybah NGL
programme.
In March 2015 KBR was awarded a six-year contract by Saudi Aramco to provide project management services for
the energy giants offshore programme. Under the terms, KBR will provide project management and engineering
services for existing and new offshore facilities as Saudi Aramco plans to improve recovery from its offshore fields.
Expected revenue from the contract will be included in the first quarter backlog for KBRs engineering and
construction segment, the company said.
KBRs Saudi joint venture company, KBR-AMCDE, will undertake all in-kingdom work scopes while KBRs Houston and
London operations centres will execute all out-of-kingdom scopes. Additionally, KBR-AMCDE will develop an inkingdom centre of engineering excellence to develop and train Saudi engineers.
This is a significant milestone in our relationship with Saudi Aramco in the offshore arena and complements our
existing work in the kingdom on the Jazan PMC and GES+ contracts, said Stuart Bradie, KBR president and CEO.
We look forward to helping Saudi Aramco achieve its goal to develop an in-kingdom centre of offshore engineering
excellence and to maintain their production of oil and gas.
Separately, Eos, KBRs 50/50 joint venture with Australias WorleyParsons, bagged the front end engineering and
design (FEED) contract for the upstream portion of the ExxonMobil-led Papua New Guinea (PNG) Liquefied Natural
Gas (LNG) project. KBR previously completed a pre-FEED study in Houston on the downstream/LNG plant portion of
the project.
Earlier this year the company said it is on track to deliver projected cost savings and margins by the end of next
year.

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Fact:
- 2015 The year when KBR was awarded a six-year contract by Saudi Aramco

12 Hyundai E&C
South Koreas Hyundai Engineering and Construction reported notable growth in 2014 despite lower oil
prices
Construction heavyweight Hyundai E&C announced in January $24.78bn worth of new orders, which is up 25.7%
from the year before, while its operating profit stood at $874mn in the fourth quarter of 2014, another 20.9% yearon-year increase.
The outfit attributed the growth to a significant sales rise in mega-size construction projects it won overseas
including Kuwaits Jaber-Causeway project and the UAE s Sarb offshore oil field development.
Large-scale orders in Central and South America also contributed to the rise in profit, with the order backlog jumping
by 24.5% to $73bn.
Hyundai was the first Korean construction company to enter the Middle East market, winning $66bn worth of
contracts since the start of its operations, and remains one of the regions most important EPC firms.
One of its biggest contract awards is for a $6.04 refinery project in Kerbala, Iraq. With a combined share of
37.5%, Hyundai E&C and its affiliate Hyundai Engineering bagged $2.265bn for the project, while GS and SK were
awarded 37.5% and 25% respectively, Hyundais part of the contract includes the construction of crude oil
processing facilities.
The facility is scheduled to open in 2019 and will have a refining capacity of 140,000 barrels of oil per day (bpd).
Hyundai E&C has also been put in charge of the Satah Al-Razboot (SARB) Full Field Development Project.
The contract, awarded by ADMA- OPCO, was valued at $1.89bn. Hyundai will build the processing and export
facilities at the site. When commissioned in 2016, the oilfield is expected to add an additional 100,000 bpd to the
overall oil production capacity of the UAE.
Fact:
- $73bn Order backlog of Hyundai Engineering and Construction.

13 Tecnicas Reunidas
Spains Tecnicas Reunidas (TR) has been assigned with the $700mn EPC Package 3 of the Abu Dhabi Gas Industries
(GASCO) Integrated Gas Development Expansion Project.
The project is part of the Abu Dhabi National Oil Company (ADNOC) programme to produce 400mn ft3 of additional
gas from its offshore fields and raise production.
It consists of several gas processing units, gas pipelines, condensate pipelines and all required interconnections,
expected to be delivered within 40 months.
This is the fourth large Abu Dhabi-based project in TRs portfolio. Previously, the company has successfully
completed construction work for the Petrochemical Complex of Borouge, owned by ADNOC and Borealis, as well as
the development projects for the onshore Sahil field and the Shah sour gas field. The firm was also commissioned to
build the Shah Gas Gathering Centre.
TR was awarded a $1.4mn contract by Kuwait National Petroleum Company (KNPC) for the execution of the 5th Gas
Train (GT5) and associated facilities update at Mina al-Ahmadi Refinery in Kuwait. Tecnicas will conduct the
engineering, procurement, construction and pre-commissioning of the facility and perform the necessary tests.
Timescale for completing the project was set for 45 months.

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Oil & Gas Middle East

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Fact:
- $1.4mn the contract value awarded to Tecnicas by KNPC

14 Bechtel
Bechtel Corporation is the largest construction and civil engineering company in the US. With its first contract in the
region the Murban oil field development awarded in 1962, today Bechtel boasts a portfolio of more than 100
projects in the UAE alone.
The builder has previously worked on the famous Borouge 3 in Abu Dhabi a multibillion-dollar expansion project on
refining facilities at Ruwais aiming to take its capacity to 4.5mn tonnes a year.
It also took part in the construction of the UAEs $3bn first alumina refinery known as Shaheen due to be operational
by the end of 2017.
Building on the companys 70-years experience in the region, Bechtel was awarded a contract by Qatar Petroleum to
provide project management services for the Al Sejeel mega-petrochemical complex in Ras Laffan. Al Sejeel is
currently under construction and will be operational in 2018.
At the end of what appears to be a very profitable 2014, the company reported total revenue of $37.2bn, with new
awards amounting to $18.4bn and a backlog of $70.5bn.
In 2014, we continued to execute our long-term strategy of diversifying our portfolio and geographic footprint, and
adapting our offerings, services, and business to best meet changing global demands, said chief executive officer Bill
Dudley.
Bechtel consolidated five global business units into four to align the company with the needs of its customers,
Dudley said. These include: Infrastructure Mining & Metals; Oil, Gas & Chemicals and others.
Fact:
- $70.5bn Bechtels backlog in 2014

15 Larsen & Toubro (L&T)

In July last year the Indian engineering giant L&T secured a contract worth $846mn from Kuwait Oil Company (KOC)
to build the second one of its (reportedly) three oil and gas gathering centres, located in the northern parts of the
country.
L&T Hydrocarbon, the wholly owned oil and gas subsidiary of L&T was tasked with the engineering, procurement and
construction (EPC) of the project.
The gathering centre is designed for a multi-stage process that will separate 100,000 barrels of oil per day, 240,000
bpd of produce water and 62.5 mmscfd of associated gas to meet the quality standards of downstream operations in
Kuwait.
When operational it will receive crude from Kuwaits second largest oil field, the Raudhatain field, with production
capacity of 350,000 400,000 bpd.
L&T has previously carried out work on critical sections of Kuwaits Shuaiba and Mina Abdulla oil refineries, and has
supplied a total of 22 reactors that were part of the countrys Clean Fuel Project.
Recently, the companys hydrocarbon division commissioned the $400mn plus Umm Lulu Phase-I & Nasr Phase-I
Field Development projects of Abu Dhabi Marine Operating Company (ADMA-OPCO).
Extensive modifications were also made to ZADCOs Umm Al Dalkh (UAD) Central Processing Platform to improve
production from the Umm Lulu field.
L&T said it modified the Umm Shaif platform in the Nasr field and installed a new 20-inch multiphase subsea export
pipeline to Totals Abu Al Bukoosh facilities.

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Once fully developed, the two projects will progressively contribute an additional 105,000 bpd from the Umm Lulu
field and 65,000 bpd from Nasr field.
Fact:
- 400,000 the production capacity of Raudhatain field\

16 Jacobs
Jacobs Engineering Group was recently awarded a four-year contract by Sadara Chemical Company (Sadara) for
engineering, procurement and construction management (EPCM) services.
Sadara is currently building the worlds largest chemical complex ever to be constructed in a single phase, with 26
world scale manufacturing plants, in Jubail Industrial City II, Saudi Arabia. Under the terms of the contract, Jacobs is
providing both in-kingdom and out-of-kingdom EPCM services.
Jacobs group vice president Bassim Shebaro, said: We are proud to deepen our relationship with Sadara, which
began in 2011. Since then, we have developed a strategic business relationship built on value, trust, partnership and
commitment.
The company posted net earnings of $82mn in the second quarter of 2015 and a backlog of $18.9bn. Commenting
on the results, Jacobs executive chairman Noel Watson, said: Strong sales in our second quarter are reflected in our
backlog, which remains at near record levels.
Our diversification remains a clear benefit: many of our end-markets continue to be robust, offsetting the current
headwinds caused by energy and commodity prices.
We continue to be cautious in our short-term outlook and remain confident in the long-term growth potential of our
global business.
In April, Jacobs announced that its Shanghai-based subsidiary Jacobs Projects Co., Ltd. had acquired a
controlling interest in Suzhou Hans Chemical Engineering Co., Ltd. (SHCE) in China.
The company, known now as Jacobs Engineering (Suzhou) Co., Ltd. SHCE, has two specialty Class A design licenses
in Chinas Chemical, Petrochemical and Pharmaceutical (CPP) industry, which allow the firm to provide engineering
design for all types of chemical projects in China irrespective of project size as well as procurement and project
management services.
Fact:
- $82mn Jacobss earnings in Q1, 2015

17 CCC
Consolidated Contractors Company (CCC) is part of a consortium led by Petrofac which recently bagged a $4.3bn
contract by Kuwait Oil Company (KOC) for the Lower Fars heavy oilfield development project
in Kuwait.
The deal involves engineering, procurement and construction as well as start-up, operations and maintenance work
for the main central processing facility, associated infrastructure and the production support complex.
CCCs scope includes the engineering, procurement and commissioning of 400km of main pipelines connecting the
new plant in the northern part of Kuwait with the existing facilities in the south.
Separately, CCC was awarded a procurement and construction deal for mechanical projects and associated works at
Shuaiba Refinery by Kuwait National Petroleum Co. (KNPC). The deal was signed in November 2010 with work on the
project due to be completed by December 2015.
In 2014, the company bagged an offshore contract by Abu Dhabi Marine Operating Company due to be finished in
March 2016. Under the terms, CCC will replace three crude oil loading pumps and undertake the associated civil,
piping and E&I modifications on Das Island north-west of Abu Dhabi.

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In Oman, CCC has been awarded the EPC work for projects at the Rabab gas/condensate reservoir and the Harweel
oil reservoirs.
The projects are aimed at maximising recovery using partial recycling and gas injection as well as delivering
commercially viable sweet gas.
CCCs scope of the project consists of all construction activities, with work estimated for completion on 25 April 2019.
Fact:
- $4.3bn the value of the contract awarded to CCC by Kuwait Oil Company for Lower Fars

18 McDermott
McDermott had a very busy first quarter winning a number of major contract awards and extensions. The companys
Middle East subsidiary was awarded an initial work contract by Saudi Aramco in March for power supply system
replacement at the Marjan field, offshore Saudi Arabia. The work is expected to be executed through the fourth
quarter of 2016 and will be included in McDermotts first quarter 2015 backlog, the company announced.
The initial scope of work comprises the engineering, procurement, fabrication and load-out of the platforms and
cable. The overall brownfield project comprises integrated engineering, procurement, construction, installation (EPCI)
and replacement of the decks of two existing tie-in platforms, as well as the removal and salvage of existing gas
turbine generators, and the installation of two new 115kV subsea power and communication cables.
McDermotts continuing relationship with Saudi Aramco and our commitment to the Kingdom of Saudi Arabia is
reflected in this project award, as well as our ability to provide integrated services and an efficient technical solution
within an active production field, said Tom Mackie, McDermott vice president, Middle East.
But this was just the begining. In May, McDermott International won a large contract amendment from the SaudiKuwait joint venture Al-Khafji Joint Operations (KJO) to conduct EPC work on an offshore platform in the Hout field.
The field is located in the Neutral Zone between Saudi Arabia and Kuwait, some 26 miles east of Al-Khafji on the
Saudi-Kuwait border and is operated by KJO, a company jointly owned by Saudi Aramco and Kuwait Oil Company.
McDermott has scheduled work on the brownfield project for its Q1, 2015 backlog, with estimated completion set for
Q2, 2017. The contract amendment is an addition to the initial scope for KJOs Hout project awarded to McDermott in
March 2012 with a reported value of $240mn.
McDermott was to carry out modifications to a number of existing platforms in the Hout field through its brownfield
division in Jebel Ali, UAE.
The EPC contractor has also taken up work for the North Field Alpha gas development project operated by stateowned Qatar Petroleum.
Fact:
- $240mn The value of KJOs Hout project awarded to McDermott in March 2012.

19 GS ENGINEERING
South Koreas GS Engineering was recently appointed by the Abu Dhabi Company for Onshore Operations (ADCO) to
build a crude oil processing plant at the huge Rumaitha and Shanayel onshore oilfields. GSs work is expected to take
processing capacity at the plant from the current 46,000 barrels of oil per day to 85,000 bopd.
The project is due to be complete by the end of 2016, with commercial operation scheduled to start in early 2017.
Through its joint venture with JGC Group and SK E&C, GS will provide engineering, procurement, construction and
commissioning services for Kuwaits Mina Al Ahmadi Refinery.
The deal valued at $4.9bn is part of a $12bn mega project aimed at modernising Kuwaits largest oil refineries
complex which was established as far back as the 1950s. The complex consists of Mina Al Ahmadi Refinery and Mina
Abdullah Refinery, located approximately 45 km south of Kuwait City.

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Fact:
- $4.9BN the contract value awarded to GSs joint venture with JGC and SK E&C.

20 DAELIM
Daelim Industrial is the lead contractor on Orpics multi-billiondollar Sohar Refinery Improvement Project (SRIP). The
Engineering, Procurement and Construction contract was awarded in November 2013, with an estimated completion
period of 36 months.
Musab al Mahruqi, Orpics CEO, said in March that the projects progress as of January 2015 stood at 41.4% eclipsing
previous projections of 38.3%. Most of the detailed engineering activities are nearing completion, and the
companys team which was deputed at Seoul, Korea has been mostly demobilised to site.
All orders for critical and major items have been placed and manufacturing is progressing well. Procurement activities
are progressing as per schedule and bulk material has started arriving at site, Orpic revealed in a
recent visit to the facilities.
Daelim is known for its work on the worlds largest polycarbonate plant the Saudi Kayan Polycarbonate Plant in Saudi
Arabia, which the company completed in 2010. Another famous project Daelim has made its mark on was the Sahara
AI-Waha- the worlds largest PDH/PP plant located in Jubail, Saudi Arabia.
Its work on the project ended in 2008. More recently, Daelim Industrial and Daewoo Engineering & Construction Co.
won a $3.2bn deal to build a petrochemical facility in the south east part of South Korea. The deal is S. Koreas
largest ever order made for a single plant.
Fact:
- $3.2BN the value of the deal Daelim bagged in South Korea.

21 JGC Group
One of JGCs major contract awards in the Middle East is the LSTK deal it signed with Saudi Aramco for the
engineering, procurement and construction (EPC) services associated with the $7bn Jazan Refinery and Terminal in
Saudi Arabia.
Jazan Refinery and Terminal, in the south-east area of the country, is expected to have 400,000 barrels per day
capacity and is scheduled for completion in 2016.
Japans JGC was among seven international firms selected by the Iraqi government to bid for the development of the
Nassiriya oilfield and the construction of a refinery earlier this year.
JGCs other flagship project in the region is Qatars Barzan Gas Project. JGC is responsible for the onshore packages
being built north east of Ras Laffan. Barzan Train 1 will come on stream in 2014, with Train 2 following in 2015.
JGC leads a consortium of Asian firms awarded a $4.8bn EPC deal for Kuwaits Mina Al-Ahmadi refinery.
Fact:
- $4.8bn The value of the EPC deal awarded to JGC for Kuwaits Mina Al-Ahmadi refinery

22 Galfar
Founded in 1988, the oil and gas unit has 5,800 employees and, with a $440m turnover, is the largest in the
organisation.
Last month the company announced it had won a $110mn contract to build and install a gas gathering system at the
Khazzan Gas project in Oman.

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This was the second contract that Galfar was awarded at the project in March, the company also won a $10mn
deal to install new power lines from a nearby substation owned by the state-owned Petroleum Development Oman
(PDO). In May, the firm announced a $56mn deal to clear the site of the Duqm refinery.
Other projects include Marmul A Station upgrade, a compressor station at Nimr, site construction services at Wadi
Musallim and Qarn Alam Steam, and 150km Hubara-Saih Rawl 13kV overhead line.
Galfar has previously undertaken several large scale projects for PDO, which value in the range of $200mn to
$370mn. Some of note are the 5-year Off-Plot Delivery Contract, Kauther Gas Plant & Associated Facilitiesand and
the LNG Upstream Central Processing Unit in the Sultanate.
Fact:
- $110mn contract value awarded to Galfar for the Khazzan Gas project in Oman

23 SNC-Lavalin
SNC-Lavalin Group reported a 10% increase in its first-quarter profit, defying analysts forecasts of insignificant or no
growth due to lower oil prices. The companys net income rose to $86.5mn, while revenue jumped 31%.
It also announced two contract awards in the Middle East from an unnamed oil company with an anticipated
combined value of over $500mn.
In a bold step showing an ever-increasing appetite to expand its market share, the Canadian contractor acquired oil
and gas specialist Kentz for $2.1bn.
The company said its buy-out of Kentz has transformed its capability in oil and gas, allowing it to undertake and
complete large, complex projects.
Both Kentz and SNC-Lavalin have excellent longstanding relationships with this client in the Middle East and we are
pleased to have the opportunity to strengthen those links further by delivering on this important project, said Neil
Bruce, president of SNC-Lavalins resources, environment & water division.
Since the acquisition, SNC-Lavalin has signed over $1bn worth of new contracts in the Middle East alone, according
to Bruce. The engineering and construction group recently won contracts valued at $71mn to build two district
cooling plants in Saudi Arabia. The contracts were awarded by the Saudi Dahran Cooling Company and the Central
District Cooling Company.
Fact:
- $2.1bn The value of SNC-Lavalins acquisition of engineering and construction firm Kentz

24 Daewoo Shipbuilding & Marine

Daewoo Shipbuilding & Marine Engineering was awarded part of a $2.6bn investment by Maersk Drilling to build and
deliver a jack-up rig. The rig is currently under construction in Daewoos shipyard in South Korea and is due for
delivery in 2016. The new build will represent the fourth in a series of ultra-harsh environment jack-ups at Maersks
drilling fleet, with the latest addition delivered in 2014 and hailed the worlds largest.
In February last year, the South Korean shipbuilder signed a letter of intent to build eight very large gas carriers
(VLGC) with shipping outfit China Peace.
At the end of 2014 Daewoo Shipbuilding and Marine Engineering awarded Italian contractor Saipem a $1bn pipeline
construction contract in the Caspian region.
Fact:
- $1bn The contract value awarded for the pipeline construction project in the Caspian region

25 Topaz Engineering
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Topaz Marine, the sister company of Topaz Engineering, secured a major term contract in 2011 with Saudi Aramco
for six of its K-Class vessels and recently established a local office in Saudi Arabia.
Our local presence in UAE, Qatar and Saudi reflects Topazs strategy of being closer to its customers, the company
said.
Topaz Energy and Marine, the mother company of Topaz Engineering, reported a 2014 revenue increase of 7% to
$404.6mn. The company recently secured a $550mn loan, which will significantly lower its cost and will be used to
repay its debt and fund capital expenditure.
Rene Kofod-Olsen, CEO, Topaz Energy and Marine, commented: Topaz has a clear strategy of harnessing the longterm growth opportunity of the Offshore Support Vessel market. A fundamental part of that strategy is ensuring we
have the right capital structure to provide the financing to fund our plans.
Fact:
- $404.6mn The total revenue of Topaz Energy and Marine for 2014.

26 Amec Foster Wheeler

Amec Foster Wheelers most significant contract award in the region is for the Ras Markaz Crude Oil Park project in
the Sultanate of Oman. The contract was awarded by Oman Tank Terminal Company (OTTCO) and covers the frontend engineering design (FEED)part of the project.
In November last year UK-based engineering and construction group Amec completed a reputed $3.2bn deal to take
over Foster Wheeler and form Amec Foster Wheeler.
The companys net profit before tax in 2014 stood at $241mn, while cash flow from operations was slightly higher
at $311mn.
Foster Wheeler signalled its intent at the start of 2014, when it secured contracts from Saudi Aramcos S-Oil for the
front-end engineering design (FEED) for a residue upgrading project at S-Oils Onsan refinery in Ulsan, South Korea.
In September 2014, Global Power Group, a Foster Wheeler subsidiary, was awarded two contracts for the design and
supply of five steam condensers and 30 feed-water heaters for Saline Water Conversion Corporations (SWCC) Yanbu
Power and Desalination Plant, Phase 3, located in Saudi Arabia.
Fact:
- $3.2bn The value of Amecs takeover of Foster Wheeler

27 Lamprell
Lamprell recently announced a $365mn contract award from National Drilling Company (NDC) in Abu Dhabi for the
construction and delivery of two further high specification jack-up drilling rigs of a Super 116E (Enhanced) Class.
The award came on the back of a successful delivery and completion of jackup drilling rig, Butinah, to NDC in Q1,
2015.
In February, the UAE-based ship builder completed and delivered jack-up rig Jindal Pioneer to Singapore- based Dev
Drilling Pte. on time and within budget, after winning the contract in January 2013.
It also added a second new build to one of its clients fleet in the Caspian Sea and announced yet another successful
completion and delivery to Greatship Global Energy Services, conducted within budget and ahead of schedule.
Lamprell said the rig will join its sister vessel, the Greatdrill Chaaya which left its shipyard in January 2013 with both
rigs contracted to work for Oil and Natural Gas Corporation Limited (ONGC) offshore the territorial waters of India.
Fact:
- $365mn The contract value awarded to Lamprell from National Drilling Company.

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28 CH2M Hill
CH2M Hill contribution to developing the Abu Dhabi Shah Field cannot be overstated. The company was awarded a
project management contract for the Shah Gas Development project in 2010 and since then has provided consulting
services on six out of nine EPC packages including early works, product pipelines, the gas gathering system and the
liquid sulphur handling system.
Working closely with Al Hosn Gas, the fields main operator and teams from around the world, CH2M helped set a
new global standard for sour gas processing. It also delivered the EPC packages safely, on time and on budget.
We successfully managed this programme of massive scale and complexity by pulling together resources from
across the globe, ensuring the Shah Gas Development had the right people in place to tackle such a major
undertaking, the company said. The Shah Field came online in January 2015 and is expected to reach full capacity in
the second quarter.
Fact:
- 2015 The year when Abu Dhabis Shah Sour Gas Field came online.

29 Leighton Offshore
Leighton Ofshore recently said it was awarded additional work for the Shell Bukom Refinery Modifications Project in
Singapore valued at $34mn, increasing its part of the contract to $77mn and the overall project value to $110mn.
Further contract awards in South-East Asia include a major pipeline transportation and installation contract in
Indonesia.
Despite no project wins in the Middle East over the past twelve months, Leighton boasts an extensive protfolio of
work for some of the main oil operators from around the region.
In 2013, the company secured a key contract for the replacement of floating hoses on Qatargas Single Point Mooring
(SPM) system.
Later in the year, the worlds largest LNG producer awarded it a second contract for another floating hose
replacement as well as installation and pressure testing of new hose strings and replacement. Leighton was also
charged with replacing the complete subsea hose system on the Qatargas SPM No 1 Buoy.
While most EPC contractors had a nail-biting first quarter, Leighton Holdings, the mother company of Leighton
Offshore and Australias biggest construction group, said it is expecting $520mn full-year net profit after tax,
following significant improvements in the groups Q1 profit margins.
Fact:
- $77mn The total value of Leightons contract award for the Shell Bukom project in Singapore.

30 Wood Group
The latest news from Wood Group is that the company is confident it will meet its full-year earnings forecasts. In a
trading update ahead of its annual meeting, the Aberdeen-based group noted that while market conditions remain
challenging, it will focus on cutting costs by $30mn in 2015.
The firm was also eager to stress its commitment to the Middle East region, despite no major contract awards in the
first quarter.
Dave Buchan, managing director, Middle East, Europe, Russia and Caspian, said: Whatever way you look at the
energy market, the Middle East will be a dominant region in the years ahead and were honoured to have the
opportunity to be here.
On the deep water drilling front, the group scored another significant contract win. Its joint venture with Massy
Holdings bagged a new five-year contract with BP with an estimated value of up to $250mn to provide services and
support to its operations in Trinidad & Tobago.

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Fact:
- $250mn The contract value of Wood Groups most recent contract with BP.

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