Another record year for South Korean firm After a stint in bankruptcy and seven years in a debt rehabilitation program, the company has bounced back and emerged as one of South Korea’s largest construction and civil engineering companies. After a record year for sales (9,278.6 billion KRW, $8.5 billion, up 27.6%) and net earnings (455.8 billion […]
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Posted inPower List
Marie Technimont
Big in Borouge The Italian conglomerate added three major projects to its portfolio in 2010. In July it won a contract from the state-backed Kuwait National Petroleum Company for the construction of a LSTK Acid-Gas Removal Plant for an undisclosed amount. Tecnimont also won two lump-sum turnkey contracts, the first as a $1.65 billion joint […]
Posted inLists, Power List
JGC
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, […]
Posted inLists, Power List
Daelim
Competing in Kuwait Daelim is another South Korean contractor breaking into our roster this year on the back of strong performance by their core Engineering & Construction and Petrochemical divisions. The 72 year old firm has boosted staff numbers from 4,800 to c.6,000 in the last two years, with services covering gas, petroleum refining, chemical and petrochemical, […]
Posted inEPC Contractors List
Top 30 EPC Contractors: 2011 edition
After a competitive 2010-2011, our guide to the cream of the EPC crop.
Posted inProducts & Services
AES Arabia nets Technip offshore contract for KJO
Water specialist awarded major US$2.13m KSA and Kuwait upstream deal
Posted inNews
ANALYSIS: The fallout from OPEC’s failed meeting
The INEGMA think-tank’s take on OPEC’s ill-fated 159th meeting.
