The world is throbbing with the plethora of skyscrapers such as Burj Khalifa, Willis Tower, The Kingdom tower etc. Aesthetic structures such as Petronas Towers, (Kuala Lumpur), St Basil’s Cathedral (Moscow), Lloyd’s Building (London) etc., top tier petroleum refineries such as Reliance Jamnagar Refinery(India), Port Arthur Refinery(USA), Ras Tanura Refinery(Saudi Arabia) etc., oil & gas production facilities and other marvellous structure which are an unbelievable outcome of these EPC companies’ state of art technology and cutting edge engineering requirements.
EPC companies generally deal with civil engineering and project management works in various sectors of Energy & power, Chemicals, and Hydrocarbon, Human resources etc., which in turn balance the demand for certain products and development of safest superstructure across the world. Checkout this list of top 10 largest and best EPC companies around the world in 2022.
Table of Contents
- 10. TATA PROJECTS LTD.| Ahmedabad, Gujarat
- 9. Petroleum Construction Company (NPCC)| Abu-Dhabi (UAE)
- 6. WorleyParsons| Australia
- 5. Technip| Paris, France
- 4. SAMSUNG Engineering Co., Ltd. | Seoul, South Korea
- 3. Hyundai Heavy Industries| Seoul, South Korea
- 2. Saipem | Nigerian
- 1. Petrofac | Jermyn Street, London
10. TATA PROJECTS LTD.| Ahmedabad, Gujarat
TATA project Ltd is part of India’s largest business group ‘TATA’ which has revenues of over $100 billion, over a 100 operating companies across the globe. Being in sectors of Information and Technology, consumer products, energy, materials, & engineering, telecommunications, TATA groups finally get their hands in Constriction sector with the name ‘TATA’ projects. Their main clients are some of the most reputed companies in India such as Bharat Petroleum Corp Ltd, Reliance Industries, Bureau of Indian Standards ONGC, SAIL, BPCL, and PGCIL. Power, nuclear energy, Railways and transportation, Airports and hospitals are the sectors in which TATA project is currently working.
9. Petroleum Construction Company (NPCC)| Abu-Dhabi (UAE)
Known for creating marvellous skyscraper across the UAE, NPCC is one of the leading engineering and construction company in the world. This Adu-Dhabi based company is currently active in the following sectors: chemical and Petrochemical, Transportation, Infrastructure and Civil Engineering & Oil and Gas. According to recent news company’s portfolio gets stronger with two new projects in the Abu-Dhabi worth of $1.3 Billion US dollars. Moreover, they are the winner of most projects by GCC making it quite popular in UAE.
8. SK Engineering & Construction| South Korea
SK Engineering and construction is South Korea’s third-largest civil engineering and construction companies after Hyundai and Samsung engineering Ltd. According to the latest report by AFP, last year six EPC company won the bids by Iraq government to build an oil refinery in Iraq and the project worth of $6.4 Billion USD. SK Engineering and construction along with Hyundai Engineering and GS construction group won the state construction oil and gas project.
SK Group houses more than 70,000 employees who work from 113 offices worldwide and they have more than 25 local projects and having certain projects in Kuwait, Qatar, and Singapore. Their primary businesses are in chemical, petroleum and energy industries and shipping, marketing, construction, wireless broadband service and mobile network service provider are their secondary business.
7. CB&I ( Chicago Bridge and Iron Company) | Chicago, Illinois, USA
Chicago Bridge & Iron The company was founded by 1889 by Horace E. Horton, George Wheelock, and William Wheelock and it HQ is currently located in The Hague, Netherlands. The company is currently serving in sectors like Gas & oil, Constructions, energy, natural resource industries & Engineering housing 50,000 employees and an annual turnover of whopping $12 billion US dollars.
According to recent report, Chicago Bridge & Iron the company will conduct a major overhaul of five crude oil storage tanks on Das Island which worth $90mn contract award by ADMA-OPCO. The company has built few popular bridges and other construction such as 1. Embarras River Bridge over Embarras River, Newton, Illinois, USA, 2. Caplinger Mills Historic District, junction of Washington Avenue, 3. Boiling Nuclear Superheater (BONUS) Reactor Facility, Punta Higuero Sector, Rincon, Puerto Rico, 4. West Water Tower and Ground Storage Tank, Orion, Illinois, USA etc. Across the USA and globe.
6. WorleyParsons| Australia
WorleyParsons was founded by Wholohan Grill and Partners in 1971 and having its HQ in North Sydney, NSW, Australia. The company is currently housing more than 24,500 employees across the globe and have revenue of A$5,892.9 million dollars as per report of 2014. Currently, the company is working in construction and engineering, power & energy and Oil & Gas sectors.
WorleyParsons was awarded a contract from Samsung Heavy Industries to provide design and engineering for production of floating storage and offloading vessel for an oil field offshore Nigeria in 2013. Moreover, the company is distributed in many other branches such as INTECSEA, WorleyParsonsCord, WorleyParsons China, Rosenberg WorleyParsons AS, CadSkills and Energy Resourcing across the globe. This is one of the largest EPC Companies in 2022.
5. Technip| Paris, France
A French Constriction project and Engineering company are known for providing the quality solution in Project management, engineering, and construction for the energy industry & Oil & Gas sectors. Technip was founded in 1958 and it is currently merged with another tech called FMC Technologies. The company is housing 37,500 employees and annual revenue of the company is €10.7 billion Euros as per report of 2014.
Recently the company was awarded Oil and gas project in the Middle East by the Ministry of Oil’s South Refineries Company to upgrade a refinery in the city of Basra in southern Iraq along with Japan’s EPC company called Unico. TechnipFMC has three headquarters in Houston, USA, Paris, France, and London, UK.
4. SAMSUNG Engineering Co., Ltd. | Seoul, South Korea
Generally known for their smartphone but many people are not aware of another side of the coin called Samsung engineering co.ltd. Samsung EPC played the major role in the construction of world’s tallest building Burj Khalife, they are one of the largest weapon manufacturers and having the large share in Construction and energy sector as well. Samsung engineering is currently offering products in environmental, industrial, Hydrocarbon, infrastructure related plants and facility sectors. The company was founded on January 20, 1970. Currently, the company houses 8,300 employees and an annual revenue of the company is $8.4 billion USD.
In Hydrocarbon sector, they are providing service for Naphtha/ Ethane/Propane Cracking, Aromatics, Hydro Treating, Gas Processing & Treating and Distillation. When it comes to Industrial & Environmental they are offering services like Ultra-pure Water, Desalination, Wastewater Treatment, Sewage Treatment, and Manufacturing. Samsung is the largest business group which has its wings spread in every sector you could possibly think of.
3. Hyundai Heavy Industries| Seoul, South Korea
Second largest south Korean EPC company after Samsung specialised in marine manufacturing and other engineering works. Hyundai heavy industries are world’s largest shipbuilder and recently they have been awarded a project for the construction of fixed platforms in the Abu Dhabi Nasr field from Abu Dhabi Marine Operating Company (ADMA OPCO) which is worth of $1.2 billion USD. Hyundai heavy industry was founded on 23 March 1972 by Chung Ju-Yung and currently having HQ in Ulsan, South Korea. The company housing more than 25,000 employees and annual revenue of the company are 39.33 billion USD.
2. Saipem | Nigerian
Saipem is known for operating Nigerian Unit since 2010 and was also awarded another $3 billion contract for the subsea development and production and installation of oil production and water injection flowlines, Egina field offshore Nigeria. The project was worth $3.8 Billion US dollars. Moreover, Saipem also builds second largest heavy lift vessel in the world called Saipem 7000 and other vessels such as Saipem FDS, Saipem 10000, Saipem 3000 & Castoro Sei. Saipem S.p.A. (Società Anonima Italiana Perforation EMontaggi) is having its HQ in San Donato Milanese, Italy, largest Italian oil and gas industry contractor was founded in 1957 and currently housing 46,346 employees with annual revenue of €11.520 billion Euros.
1. Petrofac | Jermyn Street, London
Petrofac is the largest provider of oilfield services to the international oil and gas industries. The company mainly deal with petrochemicals which have several operating locations across the globe such as in Saudi Arabia, Malaysia, and India. Their range of services are designed and builds new oil and gas facilities and maintain already existed one, Engineering, Construction, Operation and Maintenance of these facilities, Energy and power service etc. The company was established in 1981 by Rijnhard van Tets and have its HQ in London, United Kingdom.
These top EPC companies are responsible for the constant supply of energy, petroleum and other oils & gasses which have significant effects on normal life. Moreover, these EPC companies play the vital role in the development of the economy of the nation and to build some of the marvelous and safest skyscrapers in the world.
Who is the best EPC company? ›
- Larsen & Toubro Limited.
- Hindustan Construction Co. Ltd.
- Gammon India.
- Patel Engineering Ltd.
- Era Infra Engineering.
- Sadbhav Engineering Limited.
- Nagarjuna Construction Company Ltd.
- Bechtel Corporation. Bechtel Corporation is a trusted engineering, construction, and project management partner to industry and government. ...
- Fluor Corporation. ...
- Whiting-Turner. ...
- EMCOR. ...
- Turner Construction. ...
- DPR Construction. ...
- Gilbane. ...
- Hensel Phelps.
What is the Full form of EPC? The full form of EPC is Engineering, Procurement and Construction. In the construction sector, EPC is a popular type of contract.Which is the No 1 construction company in world? ›
Best Construction Companies in the World
Bouygues, Larsen, and Toubro. China Communications Construction Company.
|RANK 2019||RANK 2018||FIRM|
|1||1||CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD., Beijing, China|
|2||2||CHINA RAILWAY GROUP LTD., Beijing, China|
|3||3||CHINA RAILWAY CONSTRUCTION CORP. LTD., Beijing, China|
|4||4||CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD., Beijing, China|
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time.What are EPC businesses? ›
EPC stands for engineering, procurement, and construction. It is a prominent form of contracting agreement in the construction industry, according to EPC Engineer. Companies that provide EPC services are often called the EPC contractors.What is EPC company in India? ›
EPC stands for engineering, procurement, and construction. An increasing number of clients are opting for services of EPC companies in India because it is convenient to customize the requirements.Who is the largest construction company? ›
|1||The Turner Corp.||$14.4 billion|
|4||Kiewit Corp.||$11.2 billion|
What is the most expensive infrastructure project ever? ›
The most expensive project in the history of mankind, the Interstate Highway System in America connects more than 47,000 miles and took almost 35 years to complete. The project involved created new routes and converting old ones, to serve as 'interstates', and has cost the taxpayer a huge $459 billion.What is EPC model? ›
This is a PPP model for the development of infrastructure projects especially highways. Under this model, the cost is completely borne by the government. Government invites bids for engineering knowledge from the private players.What is EPC project? ›
An “Engineering, Procurement and Construction” or short EPC-Project is a particular form of contracting arrangement used in some industries where the EPC-Contractor is made responsible for all activities from design, procurement, construction, to commissioning and handover of the deliverables to the Owner or Operator ( ...What is EPC in finance? ›
Engineering, Procurement, and Construction Contracts or EPC Contracts are construction contracts that enjoy almost universal inclusion in project finance documents, They have emerged as the construction contract of choice in project financings that involve major international development projects.Who is the richest construction company in the world? ›
Which is the No 1 construction company in India? L&T – Larsen & Toubro Ltd is currently the No 1 Construction company in India based on the turnover and Market capital.Who is the real estate king in the world? ›
Who is the richest real estate developer? Donald Bren is the richest real estate developer with an estimated net worth of $15.5 billion.Which country has the best construction? ›
|1||#1 United States||View data|
|2||#2 Japan||View data|
|3||#3 Russia||View data|
|4||#4 Mexico||View data|
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time.
What is EPC company in India? ›
EPC stands for engineering, procurement, and construction. An increasing number of clients are opting for services of EPC companies in India because it is convenient to customize the requirements.What are EPC businesses? ›
EPC stands for engineering, procurement, and construction. It is a prominent form of contracting agreement in the construction industry, according to EPC Engineer. Companies that provide EPC services are often called the EPC contractors.Is ABB an EPC? ›
The new firm, Arkad-ABB S.p.A., will provide a full range of integrated EPC services for oil and gas plants. It will build on more than 50 years of experience in oil and gas EPC, and the successful delivery of more than 300 projects globally.What is an EPC solution? ›
As we pointed out at the start, EPC stands for engineering, procurement and construction, and for many businesses in the oil and gas industry and others, it's a highly effective turnkey solution to move product to market.What is EPC model? ›
This is a PPP model for the development of infrastructure projects especially highways. Under this model, the cost is completely borne by the government. Government invites bids for engineering knowledge from the private players.What is EPC in oil and gas industry? ›
The publication has shared their annual ranking, recognising the engineering, procurement and construction (EPC) firms who are making the biggest impact in the Middle East's Oil & Gas industry.How many Epcs are there in India? ›
Presently, there are fourteen Export Promotion Councils under the administrative control of the Department of Commerce. Names and addresses of these Councils are given in Annexure 1.2. These Councils are registered as non-profit organizations under the Companies Act/ Societies Registration Act.Is EIL a EPC company? ›
Overview. Engineers India Ltd (EIL) is a leading global engineering consultancy and EPC company. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries.What does EPC mean in the solar industry? ›
An Engineering, Procurement, and Construction (EPC) solar company is a term mostly used in the commercial solar industry, but has been adopted for residential solar to describe a company that provides end-to-end services that include consultive sales, designing your system, equipment procurement, project management, ...How big is the EPC industry? ›
30, 2022 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, the global Oil & Gas EPC market size is projected to hit USD 80.77 billion by 2029 and exhibit a CAGR of 7.2% during the forecast period. The market size stood at USD 46.60 billion in 2021 and USD 49.58 billion in 2022.
How does an EPC work? ›
An Energy Performance Certificate (EPC) measures the energy efficiency of a property and rates it on a sliding scale depending on how efficient it is. Ratings are from A-G with A being the most efficient and G being the least.