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Solid year in oil and gas for the Quebec-based engineers Canadian multi-platform engineers SNC Lavalin posted revenue of $1.6 billion in the first quarter of 2011, a 25.1% increase in profits over the previous year. Lavalin’s backlog also looks healthy, with $9.4 billion on the books in March compared with $8.6 billion at the end of […]

Breakthrough year for EPC work Topaz, a Middle East and Caspian focused oilfield services company, moves up our rankings this year after another set of solid financial results resulting from it’s prudent mix of short and long term contracts. The 5,200-strong Dubai firm operates one of the largest offshore support vessel owner-operator businesses in the world. […]

Aquisition of MIS will see firm rocket up next year’s rankings Lamprell has played a prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years, and more recently providing specialised services to the onshore and offshore oil and gas industry. Lamprell’s three primary facilities are in Port Khalid and […]

Regional presence rises on merger and $800 million joint venture Wood Group PSN breaks into our top 25 as a result of its first significant contract win in Middle East with its joint venture with Athens-based Consolidated Contractors Company (CCC), and its recent $955 million acquisition of fellow Aberdeen contractor Production Services Network (PSN). Wood Group’s confirmed […]

Successful expansion into EPC market The region’s largest and busiest drydock has been hugely successful in the offshore and FPSO conversion business., and is now looking to harness its global yards to acquire more large-scale project and EPC business. In May the company signed a contract with Mumbai-based construction group, Afcons Infrastructure, to provide detail engineering, procurement, […]

Record EPC strength in year before Lamprell acquisition MIS is best-known for its jackup build and refurbishment business, though its EPC capabilities have seen it grow that segment of its business from 7% of its revenue 2009 to 11% in 2010. Though the majority of that work is in the Northern Emirates and parts of Dubai,and […]

Boosted by Yanbu, Wasit Seoul-based SK Engineering which won several sizeable contracts in 2010 and early 2011. In July the firm won a one of seven contracts given by Saudi Aramco at the Yanbu Export Refinery project, for the construction of a crude unit. The firm is working under a $427 million project at the 400,000 […]

Egyptian co nets first major tender win in UAE Petrojet – which boasts its own football team in the Egyptian Premier League – break into Oil & Gas Middle East’s top division this year, as a result of its first contract win in the UAE. The firm has a track record with competitive tenders, previously low-bidding […]

Revenues and profits up on key Ras Laffan contracts Japanese EPC firm JGC is currently executing projects in Saudi Arabia, UAE, Algeria. Its stand-out project, the Pearl GTL in Ras Laffan, Qatar, which started processing sour gas in March this year.  Work continues on the the Habshan 5 processing facility, sulphur recovery units and NGL recovery unit, […]