Who are the largest EPC companies?
Let’s take a look at the 15 largest EPC Companies in the world!
- Bilfinger. Revenue – $ 5,176.93 million.
- Petrofac. Revenue – $ 5,530 million.
- Técnicas Reunidas. Revenue – $ 5,622 million.
- KBR (NYSE:KBR)
- Samsung Engineering.
- SK Engineering & construction.
- Daelim Industrial.
- GS Engineering & Construction Corporation.
Who are the major players in the EPC industry?
The power engineering, procurement, and construction (EPC) market is fragmented. Some of the key players are Fluor Ltd., KBR Inc., Kiewit Corporation, McDermott International Inc, and Bechtel Corporation.
How big is the EPC industry?
Amid the COVID-19 crisis, the global market for Oil and Gas EPC estimated at US$162.1 Billion in the year 2020, is projected to reach a revised size of US$234.5 Billion by 2026, growing at a CAGR of 6.2% over the analysis period.
What is an EPC companies Oil & Gas?
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.
What company is EPC?
Engineering, Procurement and Construction
Engineering, Procurement and Construction (EPC) firms deliver a complete package of resources to complete infrastructure projects. EPC services typically provide a single responsible source for executing a project, thus alleviating risk for the owner.
What are the EPC projects?
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 ( …
Is EPC upstream or downstream?
On the basis of the type of sector, oil and gas EPC market can be segmented into upstream, midstream and downstream. Emerging long-distance surface pipeline and subsea pipelines for transport for crude and natural oil is a new avenue for midstream EPC.
What does an EPC company do?
EPC stands for engineering, procurement, and construction. Companies that provide EPC services are often called the EPC contractors. They are in charge of designing the an energy solution to help a particular facility to solve its energy problems and then move on to the construction of that specific project.