The ten most successful contractors around the Arabia Gulf region in terms of number of FEED, EPC and PMC contracts awarded between January 2010 and September 2013 are:
WorleyParsons, Saipem, Technip, McDermott international, Fluor, Larsen & Tubro, National Petroleum Construction Company (NPCC), Samsung Engineering, China Petroleum Engineering and Petrofac.
The’ve been awarded a total of 50 EPC (engineer procure construct) contracts, 18 FEED (front end engineering design) contracts, and 6 PMC (project management contractor) contracts during the period, according to an EIC Data Stream report.
WorleyParsons won 14 contracts overall, followed by Saipem with a total of 13 contracts.
WorleyParsons secured 4 EPC, 5 FEED and 5 PMC contracts, the EIC report said.
In Iraq, WorleyParsons won the FEED contract, and then the subsequent PMC and EPC contracts, for the huge giant South Rumaila oil field. It also won a PMC contract for the West Qurna Two oil field, and three in UAE.
The company was also awarded two FEED contracts each in Saudi Arabia and Kuwait.
Second-ranked Saipem won 10 EPC contracts and 3 FEED contracts, with 4 in Saudi Arabia.
In Abu Dhabi, Saipem won 3 EPC contracts worth a total estimated value of $3.6 billion for pipelines, the sulphur recovery unit, and the process plant for the Shah sour gas development.
France’s Technip was awarded two FEED contracts and three EPC contracts in Abu Dhabi, and other contracts in Dubai, Egypt, Iraq and Saudi Arabia.
Technip also won 4 other EPC contracts worth $3.5 billion in partnership with Abu-Dhabi based National Petroleum Construction Co (NPCC).
The largest is a $1.7 billion EPC contract to build the central processing facilitiesfor Zadco’s $10 billion project to increase production from the Upper Zakum offshore oil field.
NPCC itself has won 5 individual contracts, worth an estimated US$2.3 billion for fabrication and pipelaying projects in Abu Dhabi and Qatar.
Petrofac also appears in the top ten list having, with 4 contracts (4 EPC and 1 FEED) on oil field projects across the region.