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Petrofac is helping secure its bright future in the region through its commitment to nationalisation schemes. For the second time in a row, UK-based global oilfield services giant Petrofac has earned the top spot in the Oil & Gas Middle East Top 30 EPC Contractors list. In mid-2015, Petrofac was awarded a $780mn contract by […]

The Italian construction firm announced that it won offshore EPCI projects worth $680mn in Q4 of last year. Italy’s Saipem has secured the fourth spot in the EPC contractors rankings. In Q4 2015, the company announced that it had won offshore EPCI projects worth $680mn from Saudi Aramco and Italy’s Eni. The Saudi Aramco contract […]

It has been good going for Australian project and engineering consultancy firm Worley Parsons, as it has held its position as one of the chief consultants to Saudi Aramco for more than a decade. In mid-last year, the firm bagged a new six-year contract to provide project management services for the world’s biggest oil producing […]

Hyundai Engineering & Construction (E&C) is leading a consortium of contractors that won a contract worth almost $3bn in Kuwait in the first quarter of this year. The Kuwait National Petroleum Company (KNPC) awarded the deal, which will see the consortium build LNG facilities in the country. The consortium said the project would be completed […]

Consolidated Contractors Company (CCC), with a geographically diverse portfolio and more than 130,000 employees, has become a frontrunner in tackling the decrease in infrastructure spending by GCC governments that has come on the back of constantly fluctuating oil prices. The Greece-based contractor’s significant project wins in the GCC include the $3bn Abu Dhabi Midfield Terminal […]

As one of the largest publicly traded EPC contractors in the world, Fluor was awarded a portion of the massive Al Zour refinery project in Kuwait. As part of a consortium with Daewoo and Hyundai Heavy Industries, the company bagged $5.7bn to build the support units and infrastructure at the 615,000 barrels per day (bpd) […]

Samsung Engineering was one of the multiple Korean contractors to secure a share of the Clean Fuels Project in Kuwait. The company struck a $3.8bn joint venture deal, in which it holds 43% stake, with UK’s Petrofac and CB&I’s Dutch subsidiary owning 47% and 10% respectively. Samsung will handle engineering, procurement, construction and pre-commissioning of […]

SK Engineering & Construction (E&C) is part of the Hyundai-Saipem consortium, which in the third quarter of last year signed a deal to build the marine export terminal in Al Zour, Kuwait. With a total contract value of $1.5bn, this is a significant deal for the South Korean giant, which bagged another contract on a […]