The 2022 edition of the much-awaited Top 25 EPC contractors list is back, and will be featured in the October issue of the Oil & Gas Middle East. Each year, we compile a list of the top EPC players in the Middle East region.
Over the past several years, EPC contractors in oil and gas have endured significant hardships such as low capital expenditure, which has led to financial losses, significant layoffs and, in some cases, the permanent loss of capabilities. As capex rebounds, EPCs find themselves stretched to meet growing demand in core markets and challenged to develop capabilities to serve new markets.
This year, with a focus on increasing oil and gas production while addressing climate change issues, EPCs have some hard choices to make to strike the right balance between conventional and decarbonisation opportunities, and they must allocate their resources accordingly.
Watch out for the complete list of the top EPCs in the region, coming soon!
